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Veloster 2.0L MPI Base 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 *
%
interest rate *
%
Loan Period *
Month
calculate

Calculation Of Loans

Total Car PriceAED 71,400
Down PaymentAED 14,280
  • Monthly PaymentAED 4,812
  • Total CostAED 72,024
  • Loan Period12 Month

Car Loan Monthly Installments Schedule

Payment ScheduleMonthly PaymentRemaining Amount
1AED 4,812AED 52,932
2AED 4,812AED 48,120
3AED 4,812AED 43,308
4AED 4,812AED 38,496
5AED 4,812AED 33,684
6AED 4,812AED 28,872
7AED 4,812AED 24,060
8AED 4,812AED 19,248
9AED 4,812AED 14,436
10AED 4,812AED 9,624
11AED 4,812AED 4,812
12AED 4,812AED 0

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Veloster 2.0L MPI Base Car Loan Calculator FAQs in UAE

  • The car loan process typically involves selecting a lender, completing an application, providing necessary documentation, and waiting for approval. Once approved, you'll finalize the terms and receive the funds to purchase the vehicle.
  • Yes, applying for a car loan can temporarily affect your credit score. Each loan application may result in a hard inquiry, which can lower your score slightly. However, if you make timely payments, it can improve your credit over time.
  • Pay attention to the interest rate, loan term, total cost of the loan, and any additional fees. Be sure to read the fine print and understand the repayment terms.
  • Factors that can affect the interest rate include your credit score, the loan amount, loan term, and the lender's policies. Economic conditions may also play a role.
  • Yes, you can refinance your car loan to take advantage of a lower interest rate. This can help reduce your monthly payments or overall loan cost, but be sure to consider any fees associated with refinancing.

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