What is the loan process for purchasing a ZNA Rich 2020 2.4L DC (4x2) in UAE?

The loan process typically involves selecting a bank, submitting your documents, applying for the loan, and waiting for approval before finalizing the purchase.

Will taking a car loan affect my credit score?

Yes, taking a car loan can impact your credit score, especially if you miss payments or default on the loan.

What should I consider before applying for a car loan in UAE?

Consider your budget, interest rates, loan terms, and your ability to make monthly payments.

What factors can affect the car loan interest rate?

Factors include your credit score, the loan amount, the term of the loan, and the bank's policies.

Are there any additional fees associated with a car loan?

Yes, there may be processing fees, insurance costs, and documentation charges that you should be aware of.

CarteaCar Loan Calculator

ZNA Rich 2020 2.4L DC (4x2) Car Loan Calculator in UAE

To finance this car, you can first calculate the installment price in UAE

Monthly Payment

AED 2,689

Down Payment

AED 7,980

Total Cost

AED 40,248

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	AED 2,689	AED 29,579
2	AED 2,689	AED 26,890
3	AED 2,689	AED 24,201
4	AED 2,689	AED 21,512
5	AED 2,689	AED 18,823
6	AED 2,689	AED 16,134
7	AED 2,689	AED 13,445
8	AED 2,689	AED 10,756
9	AED 2,689	AED 8,067
10	AED 2,689	AED 5,378
11	AED 2,689	AED 2,689
12	AED 2,689	AED 0

Monthly Payment Composition

Interest: 29

Principal: 2660

ZNA Rich 2020 2.4L DC (4x2) Car Loan Calculator FAQs in UAE

The loan process typically involves selecting a bank, submitting your documents, applying for the loan, and waiting for approval before finalizing the purchase.
Yes, taking a car loan can impact your credit score, especially if you miss payments or default on the loan.
Consider your budget, interest rates, loan terms, and your ability to make monthly payments.
Factors include your credit score, the loan amount, the term of the loan, and the bank's policies.
Yes, there may be processing fees, insurance costs, and documentation charges that you should be aware of.