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XV 2.0L Standard 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 5,661

Down Payment

AED 16,798

Total Cost

AED 84,730

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1AED 5,661AED 62,271
2AED 5,661AED 56,610
3AED 5,661AED 50,949
4AED 5,661AED 45,288
5AED 5,661AED 39,627
6AED 5,661AED 33,966
7AED 5,661AED 28,305
8AED 5,661AED 22,644
9AED 5,661AED 16,983
10AED 5,661AED 11,322
11AED 5,661AED 5,661
12AED 5,661AED 0

Monthly Payment Composition

Interest: 62
Principal: 5599

XV 2.0L Standard 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 has different terms and interest rates.

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

Before applying, consider your budget, the total cost of the loan, interest rates, loan tenure, and your repayment capacity.

The interest rate can be influenced by factors such as your credit score, loan amount, loan tenure, and the bank's policies.

Yes, many banks allow early repayment of car loans, but it’s important to check if there are any prepayment penalties involved.