CarteaCar Loan Calculator

212 Adventure 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 8,067

Down Payment

AED 23,940

Total Cost

AED 120,744

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1AED 8,067AED 88,737
2AED 8,067AED 80,670
3AED 8,067AED 72,603
4AED 8,067AED 64,536
5AED 8,067AED 56,469
6AED 8,067AED 48,402
7AED 8,067AED 40,335
8AED 8,067AED 32,268
9AED 8,067AED 24,201
10AED 8,067AED 16,134
11AED 8,067AED 8,067
12AED 8,067AED 0

Monthly Payment Composition

Interest: 87
Principal: 7980

212 Adventure Car Loan Calculator FAQs in UAE

  • A car loan for the 2024 model in UAE is a financial product that allows you to borrow money to purchase a 2024 vehicle, which you will repay over a specified term with interest.
  • You can apply for a car loan by visiting a bank or financial institution, filling out an application form, providing necessary documents like ID, income proof, and vehicle details.
  • Yes, taking a car loan can impact your credit score. Timely payments can improve it, while missed payments can lower it.
  • You should be aware of the interest rates, loan terms, any additional fees, and the total cost of the loan, including insurance and maintenance.
  • Factors that affect the interest rate include your credit score, loan amount, loan term, and the lender's policies.