CarteaCar Loan Calculator

500X 1.4T Cross 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 *
%
interest rate *
%
Loan Period *
Month
calculate

Calculation Of Loans

Total Car PriceAED 107,000
Down PaymentAED 21,400
  • Monthly PaymentAED 7,211
  • Total CostAED 107,932
  • Loan Period12 Month

Car Loan Monthly Installments Schedule

Payment ScheduleMonthly PaymentRemaining Amount
1AED 7,211AED 79,321
2AED 7,211AED 72,110
3AED 7,211AED 64,899
4AED 7,211AED 57,688
5AED 7,211AED 50,477
6AED 7,211AED 43,266
7AED 7,211AED 36,055
8AED 7,211AED 28,844
9AED 7,211AED 21,633
10AED 7,211AED 14,422
11AED 7,211AED 7,211
12AED 7,211AED 0

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500X 1.4T Cross Car Loan Calculator FAQs in UAE

  • The car loan process typically involves choosing a bank or financial institution, submitting necessary documents, and completing an application. After approval, you will receive the loan amount to purchase the car.
  • Yes, taking a car loan can affect your credit score. Timely payments can improve your score, while missed payments can lower it. It's important to manage your loan responsibly.
  • Key factors include the interest rate, loan term, down payment, and your financial situation. It's also important to compare offers from different banks.
  • The exchange rate can affect the cost of purchasing a car, especially if the vehicle is imported. Fluctuations in the exchange rate can impact your loan amount and payments.
  • Typically, you will need to provide identification, proof of income, bank statements, and details about the vehicle you wish to purchase. Additional documents may be required by specific banks.