CarteaCar Loan Calculator

212 Standard Car Loan Calculator in UAE

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

Monthly Payment

AED 4,650

Down Payment

AED 13,800

Total Cost

AED 69,600

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	AED 4,650	AED 51,150
2	AED 4,650	AED 46,500
3	AED 4,650	AED 41,850
4	AED 4,650	AED 37,200
5	AED 4,650	AED 32,550
6	AED 4,650	AED 27,900
7	AED 4,650	AED 23,250
8	AED 4,650	AED 18,600
9	AED 4,650	AED 13,950
10	AED 4,650	AED 9,300
11	AED 4,650	AED 4,650
12	AED 4,650	AED 0

Monthly Payment Composition

Interest: 50

Principal: 4600

212 Standard 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.