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5 4WD Premium 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 15,500

Down Payment

AED 46,000

Total Cost

AED 232,000

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1AED 15,500AED 170,500
2AED 15,500AED 155,000
3AED 15,500AED 139,500
4AED 15,500AED 124,000
5AED 15,500AED 108,500
6AED 15,500AED 93,000
7AED 15,500AED 77,500
8AED 15,500AED 62,000
9AED 15,500AED 46,500
10AED 15,500AED 31,000
11AED 15,500AED 15,500
12AED 15,500AED 0

Monthly Payment Composition

Interest: 167
Principal: 15333

5 4WD Premium Car Loan Calculator FAQs in UAE

The loan process typically involves submitting an application, providing necessary documents, getting approval, and signing the loan agreement.

Yes, taking a loan can impact your credit score. Timely payments may improve it, while missed payments can harm it.

Interest rates can vary but typically range from 3% to 6% depending on your credit history and the bank's terms.

You typically need proof of income, identification, residency documents, and details of the vehicle you wish to purchase.

Factors include market interest rates, the currency exchange rate, and your creditworthiness.