HomeCar Loan Calculator

3008 1.6T GT 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 9,765

Down Payment

AED 28,980

Total Cost

AED 146,160

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1AED 9,765AED 107,415
2AED 9,765AED 97,650
3AED 9,765AED 87,885
4AED 9,765AED 78,120
5AED 9,765AED 68,355
6AED 9,765AED 58,590
7AED 9,765AED 48,825
8AED 9,765AED 39,060
9AED 9,765AED 29,295
10AED 9,765AED 19,530
11AED 9,765AED 9,765
12AED 9,765AED 0

Monthly Payment Composition

Interest: 105
Principal: 9660

3008 1.6T GT Car Loan Calculator FAQs in UAE

In the UAE, you can avail of various loan options such as bank loans, dealer financing, and personal loans specifically designed for vehicle purchases.

You can apply for a car loan by visiting a bank or financial institution, filling out an application form, and providing necessary documents such as ID, salary proof, and vehicle details.

Yes, taking a car loan can affect your credit score. Timely repayments can improve it, while missed payments can lower it.

Consider factors such as interest rates, loan tenure, monthly repayments, total cost of the vehicle, and your financial situation before getting a car loan.

Factors that can affect loan interest rates include your credit score, loan amount, loan tenure, prevailing market rates, and the lender's policies.