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718 Cayman 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 19,355

Down Payment

AED 57,440

Total Cost

AED 289,700

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1AED 19,355AED 212,905
2AED 19,355AED 193,550
3AED 19,355AED 174,195
4AED 19,355AED 154,840
5AED 19,355AED 135,485
6AED 19,355AED 116,130
7AED 19,355AED 96,775
8AED 19,355AED 77,420
9AED 19,355AED 58,065
10AED 19,355AED 38,710
11AED 19,355AED 19,355
12AED 19,355AED 0

Monthly Payment Composition

Interest: 209
Principal: 19146

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

The car loan process typically involves selecting a lender, submitting your application with necessary documents, receiving loan approval, and finalizing the loan agreement before purchasing the vehicle.

Yes, taking a car loan can impact your credit score, as it involves a hard inquiry on your credit report. However, timely payments can help improve your score over time.

Consider your budget, interest rates, loan terms, your credit history, and the total cost of ownership, including insurance and maintenance.

Factors include your credit score, the loan term, the lender's policies, current market rates, and the vehicle's age and value.

Yes, you typically need to provide identification, proof of income, bank statements, and details about the vehicle you wish to purchase.