CarteaCar Loan Calculator

001 Premium AWD 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 *
%
interest rate *
%
Loan Period *
Month
calculate

Calculation Of Loans

Total Car PriceAED 244,900
Down PaymentAED 48,980
  • Monthly PaymentAED 16,505
  • Total CostAED 247,040
  • Loan Period12 Month

Car Loan Monthly Installments Schedule

Payment ScheduleMonthly PaymentRemaining Amount
1AED 16,505AED 181,555
2AED 16,505AED 165,050
3AED 16,505AED 148,545
4AED 16,505AED 132,040
5AED 16,505AED 115,535
6AED 16,505AED 99,030
7AED 16,505AED 82,525
8AED 16,505AED 66,020
9AED 16,505AED 49,515
10AED 16,505AED 33,010
11AED 16,505AED 16,505
12AED 16,505AED 0

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001 Premium AWD Car Loan Calculator FAQs in UAE

  • The car loan process typically involves submitting a loan application, providing necessary documents, and awaiting approval from the bank. It usually takes a few days to a week.
  • Yes, taking a loan can impact your credit score as it adds a new credit account. Responsible repayment can improve your score over time.
  • You should check the interest rates, loan terms, and any additional fees. It's also important to understand your repayment capacity.
  • Factors include your credit score, the loan amount, the length of the loan term, and the lender's policies.
  • Many banks offer promotional rates or deals for new car loans. It's best to check with various banks for current offers.