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Urvan 6-Seater Automatic (5-Door) Car Loan Calculator in UAE

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

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car price (AED)*

down payment *
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Loan Period (years) *
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interest rate *
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Monthly Payment

AED 6,504

Down Payment

AED 19,300

Total Cost

AED 97,348

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1AED 6,504AED 71,544
2AED 6,504AED 65,040
3AED 6,504AED 58,536
4AED 6,504AED 52,032
5AED 6,504AED 45,528
6AED 6,504AED 39,024
7AED 6,504AED 32,520
8AED 6,504AED 26,016
9AED 6,504AED 19,512
10AED 6,504AED 13,008
11AED 6,504AED 6,504
12AED 6,504AED 0

Monthly Payment Composition

Interest: 71
Principal: 6433

Urvan 6-Seater Automatic (5-Door) Car Loan Calculator FAQs in UAE

To be eligible for a car loan in the UAE, you typically need to be at least 21 years old, have a steady income, a valid residency visa, and a good credit score.

Taking out a car loan can impact your credit score positively if you make timely payments, but missed payments can negatively affect your score.

Common documents include a copy of your passport, residency visa, salary certificate, bank statements, and a copy of the vehicle registration.

Consider your budget, the total cost of the loan including interest, the loan term, and your ability to make monthly payments.

Factors include your credit score, the loan amount, the loan duration, and the lender's policies.