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Xpander 1.5L HL 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 5,725

Down Payment

AED 16,989

Total Cost

AED 85,689

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1AED 5,725AED 62,975
2AED 5,725AED 57,250
3AED 5,725AED 51,525
4AED 5,725AED 45,800
5AED 5,725AED 40,075
6AED 5,725AED 34,350
7AED 5,725AED 28,625
8AED 5,725AED 22,900
9AED 5,725AED 17,175
10AED 5,725AED 11,450
11AED 5,725AED 5,725
12AED 5,725AED 0

Monthly Payment Composition

Interest: 62
Principal: 5663

Xpander 1.5L HL Car Loan Calculator FAQs in UAE

The loan process typically involves applying for financing through a bank or financial institution, providing necessary documentation, and getting approval based on your creditworthiness.

Yes, taking a loan can affect your credit score, as it will show as a new credit inquiry and increase your overall debt level.

Consider your monthly budget, interest rates, loan term, and any additional fees associated with the loan.

Interest rates for car loans in the UAE can vary, but they typically range from 3% to 5% depending on the bank and the borrower's credit profile.

If your loan is in a foreign currency, fluctuations can affect the amount you owe in your local currency, potentially increasing your repayment costs.