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718 Boxster Style Edition (295 HP) A/T 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 20,312

Down Payment

AED 60,280

Total Cost

AED 304,024

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1AED 20,312AED 223,432
2AED 20,312AED 203,120
3AED 20,312AED 182,808
4AED 20,312AED 162,496
5AED 20,312AED 142,184
6AED 20,312AED 121,872
7AED 20,312AED 101,560
8AED 20,312AED 81,248
9AED 20,312AED 60,936
10AED 20,312AED 40,624
11AED 20,312AED 20,312
12AED 20,312AED 0

Monthly Payment Composition

Interest: 219
Principal: 20093

718 Boxster Style Edition (295 HP) A/T Car Loan Calculator FAQs in UAE

In the UAE, you can choose from various financing options including traditional bank loans, personal loans, and dealer financing. Each option has different terms and interest rates.

To apply for a car loan, you typically need to provide necessary documents such as your identification, proof of income, and details about the car. You can apply online or visit a bank branch.

Yes, taking out a loan can impact your credit score. A new loan may lower your score initially, but making timely payments can improve it over time.

Consider the interest rate, loan term, total cost of the loan, and your monthly budget. It’s also important to check if there are any hidden fees.

Factors include the central bank's interest rate, inflation rates, currency fluctuations, and the overall economic conditions in the UAE.