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Volvo S60 2021 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 184,900
Down PaymentAED 36,980
  • Monthly PaymentAED 12,461
  • Total CostAED 186,512
  • Loan Period12 Month

Car Loan Monthly Installments Schedule

Payment ScheduleMonthly PaymentRemaining Amount
1AED 12,461AED 137,071
2AED 12,461AED 124,610
3AED 12,461AED 112,149
4AED 12,461AED 99,688
5AED 12,461AED 87,227
6AED 12,461AED 74,766
7AED 12,461AED 62,305
8AED 12,461AED 49,844
9AED 12,461AED 37,383
10AED 12,461AED 24,922
11AED 12,461AED 12,461
12AED 12,461AED 0

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Volvo S60 2021 2.0T T5 Inscription (AWD) Car Loan Calculator FAQs in UAE

  • In the UAE, you can choose from various financing options, including bank loans, dealership financing, and personal loans. Each option may have different interest rates and terms.
  • To apply for a car loan, you typically need to visit a bank or financial institution, fill out an application, provide necessary documents such as proof of income, residence, and identification, and sometimes a down payment.
  • Yes, taking a car loan can affect your credit score. Making timely payments can improve your score, while missed payments can negatively impact it.
  • Consider factors such as the interest rate, loan term, monthly payments, your credit score, and any additional fees. It's also important to compare offers from different lenders.
  • Factors include currency fluctuations, economic stability, interest rates in the home country, and how these affect the bank's lending rates. It's essential to keep track of these when considering a loan.