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Urvan 6-Seater Manual (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 *
%
Loan Period (years) *
Y
interest rate *
%
calculate

Monthly Payment

AED 6,302

Down Payment

AED 18,700

Total Cost

AED 94,324

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1AED 6,302AED 69,322
2AED 6,302AED 63,020
3AED 6,302AED 56,718
4AED 6,302AED 50,416
5AED 6,302AED 44,114
6AED 6,302AED 37,812
7AED 6,302AED 31,510
8AED 6,302AED 25,208
9AED 6,302AED 18,906
10AED 6,302AED 12,604
11AED 6,302AED 6,302
12AED 6,302AED 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.