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X70 1.5T 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 4,920

Down Payment

AED 14,600

Total Cost

AED 73,640

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1AED 4,920AED 54,120
2AED 4,920AED 49,200
3AED 4,920AED 44,280
4AED 4,920AED 39,360
5AED 4,920AED 34,440
6AED 4,920AED 29,520
7AED 4,920AED 24,600
8AED 4,920AED 19,680
9AED 4,920AED 14,760
10AED 4,920AED 9,840
11AED 4,920AED 4,920
12AED 4,920AED 0

Monthly Payment Composition

Interest: 54
Principal: 4866

X70 1.5T Car Loan Calculator FAQs in UAE

The main requirements typically include proof of income, residency, a valid UAE ID, and a good credit score.

Taking a loan can impact your credit score positively if you make timely payments, but missing payments can negatively affect it.

Factors include your credit history, the loan amount, the duration of the loan, and the bank's policies.

Consider the total cost of the loan, the monthly payments, your budget, and whether you can afford the insurance and maintenance costs.

Many banks allow prepayment, but it's important to check if there are any early repayment fees or penalties.