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Volvo S60 2020 2.0T T5 Inscription (AWD) 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 164,900
Down PaymentAED 32,980
  • Monthly PaymentAED 11,113
  • Total CostAED 166,336
  • Loan Period12 Month

Car Loan Monthly Installments Schedule

Payment ScheduleMonthly PaymentRemaining Amount
1AED 11,113AED 122,243
2AED 11,113AED 111,130
3AED 11,113AED 100,017
4AED 11,113AED 88,904
5AED 11,113AED 77,791
6AED 11,113AED 66,678
7AED 11,113AED 55,565
8AED 11,113AED 44,452
9AED 11,113AED 33,339
10AED 11,113AED 22,226
11AED 11,113AED 11,113
12AED 11,113AED 0

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Volvo S60 2020 2.0T T5 Inscription (AWD) Car Loan Calculator FAQs in UAE

  • In UAE, you can choose from various loan options such as bank loans, dealership financing, or personal loans. Each option has different terms and interest rates.
  • You can apply for a car loan by visiting a bank or financial institution, filling out an application form, and providing the required documents such as proof of income and identification.
  • Yes, taking a car loan can affect your credit score. Timely payments can improve your score, while missed payments can lower it.
  • Consider the interest rates, loan term, your budget, and the total cost of the loan including fees. Also, check your eligibility and compare offers from different lenders.
  • Factors include your credit score, loan amount, loan term, and the lender's policies. Economic conditions and market rates can also play a role.