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XC40 2.0T T4 R Design 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 12,468

Down Payment

AED 37,000

Total Cost

AED 186,616

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1AED 12,468AED 137,148
2AED 12,468AED 124,680
3AED 12,468AED 112,212
4AED 12,468AED 99,744
5AED 12,468AED 87,276
6AED 12,468AED 74,808
7AED 12,468AED 62,340
8AED 12,468AED 49,872
9AED 12,468AED 37,404
10AED 12,468AED 24,936
11AED 12,468AED 12,468
12AED 12,468AED 0

Monthly Payment Composition

Interest: 135
Principal: 12333

XC40 2.0T T4 R Design Car Loan Calculator FAQs in UAE

In the UAE, you can choose from several financing options, including bank loans, dealership financing, and personal loans. It's important to compare interest rates and terms from different lenders.

To apply for a car loan, you generally need to provide documents such as your Emirates ID, salary certificate, bank statements, and proof of residence. You can apply directly at a bank or through a dealership.

Yes, taking out a loan can affect your credit score. Timely payments can improve your score, while missed payments can lower it. It's essential to manage your loan responsibly.

Factors that can affect your loan's interest rate include your credit score, the loan amount, the loan term, and the lender's policies. A higher credit score often leads to lower interest rates.

Before taking a car loan, be aware of the total cost of the loan, including interest and fees. Understand the terms of repayment and ensure that the monthly payments fit your budget.