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500 Prestige 3.0T 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 13,142

Down Payment

AED 39,000

Total Cost

AED 196,704

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1AED 13,142AED 144,562
2AED 13,142AED 131,420
3AED 13,142AED 118,278
4AED 13,142AED 105,136
5AED 13,142AED 91,994
6AED 13,142AED 78,852
7AED 13,142AED 65,710
8AED 13,142AED 52,568
9AED 13,142AED 39,426
10AED 13,142AED 26,284
11AED 13,142AED 13,142
12AED 13,142AED 0

Monthly Payment Composition

Interest: 142
Principal: 13000

500 Prestige 3.0T Car Loan Calculator FAQs in UAE

The loan process typically involves submitting an application, providing necessary documentation, and undergoing credit checks. Once approved, you will receive the funds to purchase the vehicle.

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

Consider your credit score, the interest rates offered, your monthly budget, and the total cost of the loan including fees.

Interest rates for car loans in the UAE can vary, but they typically range from 3% to 5% depending on the bank and your credit profile.

Yes, it's important to ask about any processing fees, insurance requirements, and early repayment penalties that may apply.