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Volkswagen Tiguan 2020 2.0L Sport 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 8,148

Down Payment

AED 24,180

Total Cost

AED 121,956

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1AED 8,148AED 89,628
2AED 8,148AED 81,480
3AED 8,148AED 73,332
4AED 8,148AED 65,184
5AED 8,148AED 57,036
6AED 8,148AED 48,888
7AED 8,148AED 40,740
8AED 8,148AED 32,592
9AED 8,148AED 24,444
10AED 8,148AED 16,296
11AED 8,148AED 8,148
12AED 8,148AED 0

Monthly Payment Composition

Interest: 88
Principal: 8060

Volkswagen Tiguan 2020 2.0L Sport Car Loan Calculator FAQs in UAE

The car loan process typically involves applying for financing through a bank or financial institution, providing necessary documents, and getting approval based on your credit score and income.

Yes, taking a loan can affect your credit score as it involves a hard inquiry and your credit utilization ratio may change depending on the loan amount.

Consider your credit score, the interest rate, loan tenure, your monthly budget for repayments, and any additional fees associated with the loan.

The loan interest rate can vary based on factors such as your credit score, the bank's policies, and the current market rates. It's advisable to compare offers from different lenders.

You will typically need to provide identification, proof of income, bank statements, and details about the vehicle, including its price and specifications.