

Urvan 6-Seater Manual (5-Door) Car Loan Calculator in UAE
To finance this car, you can first calculate the installment price in UAE
Monthly Payment
AED 6,302
Down Payment
AED 18,700
Total Cost
AED 94,324
Car Loan Monthly Installments Schedule
Repayment Schedule | Monthly Repayment | Remaining repayment amount |
---|---|---|
1 | AED 6,302 | AED 69,322 |
2 | AED 6,302 | AED 63,020 |
3 | AED 6,302 | AED 56,718 |
4 | AED 6,302 | AED 50,416 |
5 | AED 6,302 | AED 44,114 |
6 | AED 6,302 | AED 37,812 |
7 | AED 6,302 | AED 31,510 |
8 | AED 6,302 | AED 25,208 |
9 | AED 6,302 | AED 18,906 |
10 | AED 6,302 | AED 12,604 |
11 | AED 6,302 | AED 6,302 |
12 | AED 6,302 | AED 0 |
Monthly Payment Composition
Interest: 69
Principal: 6233
Urvan 6-Seater Manual (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, and provide the necessary documentation such as a passport, residency visa, and salary certificate.
- Taking a car loan can impact your credit score positively if you make timely payments. However, missing payments or defaulting can negatively affect your score.
- Interest rates for car loans in the UAE typically range from 3% to 5% per annum, depending on the bank and your credit profile.
- To apply for a car loan, you will typically need your Emirates ID, salary certificate, bank statements, and proof of residence.
- The loan amount you can get typically depends on your income, credit score, the value of the vehicle, and the bank's policies.
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