HomeCar Loan Calculator

300 6.4L V8 Hemi SRT8 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 16,781

Down Payment

AED 49,800

Total Cost

AED 251,172

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1AED 16,781AED 184,591
2AED 16,781AED 167,810
3AED 16,781AED 151,029
4AED 16,781AED 134,248
5AED 16,781AED 117,467
6AED 16,781AED 100,686
7AED 16,781AED 83,905
8AED 16,781AED 67,124
9AED 16,781AED 50,343
10AED 16,781AED 33,562
11AED 16,781AED 16,781
12AED 16,781AED 0

Monthly Payment Composition

Interest: 181
Principal: 16600

300 6.4L V8 Hemi SRT8 Car Loan Calculator FAQs in UAE

In the UAE, you can choose from various financing options including bank loans, dealership financing, and personal loans, each with different interest rates and terms.

Taking a car loan can initially lower your credit score due to the hard inquiry, but timely payments can help improve it over time.

You typically need your Emirates ID, proof of income, bank statements, and the vehicle's details to apply for a car loan.

Factors that can affect your interest rate include your credit score, loan amount, loan term, and current market rates.

Yes, potential hidden fees may include processing fees, documentation fees, and early repayment penalties. It's important to read the loan agreement carefully.