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Venue Comfort 1.0T 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 5,762

Down Payment

AED 17,100

Total Cost

AED 86,244

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1AED 5,762AED 63,382
2AED 5,762AED 57,620
3AED 5,762AED 51,858
4AED 5,762AED 46,096
5AED 5,762AED 40,334
6AED 5,762AED 34,572
7AED 5,762AED 28,810
8AED 5,762AED 23,048
9AED 5,762AED 17,286
10AED 5,762AED 11,524
11AED 5,762AED 5,762
12AED 5,762AED 0

Monthly Payment Composition

Interest: 62
Principal: 5700

Venue Comfort 1.0T Car Loan Calculator FAQs in UAE

The loan process typically involves selecting the vehicle, applying for financing through a bank or financial institution, providing necessary documents, and then signing the loan agreement after approval.

Yes, taking a loan can affect your credit score. Timely payments can improve your score, while missed payments can lower it.

Typically, you will need to provide proof of identity, proof of income, bank statements, and details about the vehicle.

Factors that can affect the interest rate include your credit score, loan amount, loan term, and the current market conditions.

Yes, there may be additional fees such as processing fees, insurance costs, and prepayment penalties that you should inquire about before finalizing the loan.