HomeCar Loan Calculator

001 Long Range RWD 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 15,292

Down Payment

AED 45,380

Total Cost

AED 228,884

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1AED 15,292AED 168,212
2AED 15,292AED 152,920
3AED 15,292AED 137,628
4AED 15,292AED 122,336
5AED 15,292AED 107,044
6AED 15,292AED 91,752
7AED 15,292AED 76,460
8AED 15,292AED 61,168
9AED 15,292AED 45,876
10AED 15,292AED 30,584
11AED 15,292AED 15,292
12AED 15,292AED 0

Monthly Payment Composition

Interest: 166
Principal: 15126

001 Long Range RWD Car Loan Calculator FAQs in UAE

The car loan process typically involves selecting a bank, submitting your documents, applying for a loan, and receiving approval. After that, you can finalize the purchase.

Yes, taking a car loan can affect your credit score, especially if you miss payments. It is important to manage your repayments to maintain a good credit rating.

Consider your budget, interest rates, loan terms, and additional fees. It's also wise to compare offers from different banks.

Higher interest rates will increase your monthly payments, while lower rates can make your payments more manageable. It's crucial to shop around for the best rates.

Yes, typically you will need your Emirates ID, proof of income, bank statements, and possibly a credit report.