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Urvan 3-Seater Manual (5-Door) Car Loan Calculator in UAE

To finance this car, you can first calculate the installment price in UAE

select car *

car price (AED)*

down payment *
%
Loan Period (years) *
Y
interest rate *
%
calculate

Monthly Payment

AED 5,965

Down Payment

AED 17,700

Total Cost

AED 89,280

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1AED 5,965AED 65,615
2AED 5,965AED 59,650
3AED 5,965AED 53,685
4AED 5,965AED 47,720
5AED 5,965AED 41,755
6AED 5,965AED 35,790
7AED 5,965AED 29,825
8AED 5,965AED 23,860
9AED 5,965AED 17,895
10AED 5,965AED 11,930
11AED 5,965AED 5,965
12AED 5,965AED 0

Monthly Payment Composition

Interest: 65
Principal: 5900

Urvan 3-Seater Manual (5-Door) Car Loan Calculator FAQs in UAE

In UAE, you can choose from various financing options such as bank loans, dealer financing, and leasing. Each option has different terms and conditions that you should compare before making a decision.

Taking a loan can impact your credit score positively if you make timely payments. However, missed payments can lower your score. It's important to manage your repayments carefully.

Before applying for a car loan, consider your budget, interest rates, loan terms, and any additional fees. Also, check your credit score to understand your eligibility.

Factors influencing your car loan interest rate include your credit score, loan amount, loan duration, and the lender's policies. A higher credit score often results in lower interest rates.

Many lenders allow early repayment without penalties, but it's important to confirm with your lender's policy. Some may charge a fee for early repayment.