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XC60 2.0T B5 MHEV Inscription (AWD) 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) *
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interest rate *
%
calculate

Monthly Payment

AED 16,174

Down Payment

AED 48,000

Total Cost

AED 242,088

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1AED 16,174AED 177,914
2AED 16,174AED 161,740
3AED 16,174AED 145,566
4AED 16,174AED 129,392
5AED 16,174AED 113,218
6AED 16,174AED 97,044
7AED 16,174AED 80,870
8AED 16,174AED 64,696
9AED 16,174AED 48,522
10AED 16,174AED 32,348
11AED 16,174AED 16,174
12AED 16,174AED 0

Monthly Payment Composition

Interest: 174
Principal: 16000

XC60 2.0T B5 MHEV Inscription (AWD) Car Loan Calculator FAQs in UAE

In the UAE, you can choose from various financing options such as 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, provide necessary documents like your ID, salary certificate, and proof of residence, and fill out a loan application form.

Yes, taking a loan can affect your credit score. If you make timely payments, it can improve your score, but missed payments can have a negative impact.

Consider the interest rate, loan term, your monthly budget for repayments, and any additional fees or charges associated with the loan.

Factors include your credit score, the loan amount, the loan term, and the current economic conditions in the UAE.