HomeCar Loan Calculator

Veloster 1.6L T-GDI 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 6,355

Down Payment

AED 18,858

Total Cost

AED 95,118

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1AED 6,355AED 69,905
2AED 6,355AED 63,550
3AED 6,355AED 57,195
4AED 6,355AED 50,840
5AED 6,355AED 44,485
6AED 6,355AED 38,130
7AED 6,355AED 31,775
8AED 6,355AED 25,420
9AED 6,355AED 19,065
10AED 6,355AED 12,710
11AED 6,355AED 6,355
12AED 6,355AED 0

Monthly Payment Composition

Interest: 69
Principal: 6286

Veloster 1.6L T-GDI Car Loan Calculator FAQs in UAE

To purchase a Veloster 1.6L T-GDI in the UAE, you typically need to provide proof of income, a valid UAE residency visa, and a good credit score.

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

Consider the interest rates, loan terms, monthly payments, and any additional fees before applying for a car loan.

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

Yes, you can refinance your car loan later to potentially secure a better interest rate or lower monthly payments.