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300 3.6L Limited Car Loan Calculator in UAE

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

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car price (AED)*

down payment *
%
Loan Period (years) *
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interest rate *
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Monthly Payment

AED 10,783

Down Payment

AED 32,000

Total Cost

AED 161,396

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1AED 10,783AED 118,613
2AED 10,783AED 107,830
3AED 10,783AED 97,047
4AED 10,783AED 86,264
5AED 10,783AED 75,481
6AED 10,783AED 64,698
7AED 10,783AED 53,915
8AED 10,783AED 43,132
9AED 10,783AED 32,349
10AED 10,783AED 21,566
11AED 10,783AED 10,783
12AED 10,783AED 0

Monthly Payment Composition

Interest: 117
Principal: 10666

300 3.6L Limited Car Loan Calculator FAQs in UAE

To obtain a loan for a 300 3.6L Limited in the UAE, you typically need to apply through a bank or a financial institution. You will need to provide documentation such as your salary certificate, Emirates ID, and proof of residency. The bank will assess your creditworthiness before approving the loan.

Yes, taking a loan will affect your credit score. If you make timely payments, it can improve your score, but missed payments can negatively impact it.

You should consider your monthly budget, the interest rate, loan tenure, and any additional fees. Ensure that the total cost of the loan fits within your financial plans.

The loan interest rate can vary based on your credit history, the bank's policies, and the overall market conditions. It's advisable to compare rates from different banks.

Typically, you will need to provide your Emirates ID, salary certificate, bank statements, and proof of residence. Some banks may also require additional documentation.