HomeCar Loan Calculator

Air Grand Touring 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 32,055

Down Payment

AED 95,130

Total Cost

AED 479,790

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1AED 32,055AED 352,605
2AED 32,055AED 320,550
3AED 32,055AED 288,495
4AED 32,055AED 256,440
5AED 32,055AED 224,385
6AED 32,055AED 192,330
7AED 32,055AED 160,275
8AED 32,055AED 128,220
9AED 32,055AED 96,165
10AED 32,055AED 64,110
11AED 32,055AED 32,055
12AED 32,055AED 0

Monthly Payment Composition

Interest: 345
Principal: 31710

Air Grand Touring Car Loan Calculator FAQs in UAE

To obtain a loan for an Air Grand Touring in the UAE, you typically need to select a bank, provide necessary documentation such as income proof and identification, and fill out a loan application. The bank will then assess your creditworthiness.

Yes, applying for a loan can affect your credit score as banks will perform a credit check to assess your financial history. Multiple applications in a short period can negatively impact your score.

Consider factors such as interest rates, loan terms, monthly repayments, and any additional fees. It's also important to evaluate your budget and ensure you can afford the loan.

Exchange rates can affect the overall cost of the loan if you are borrowing in a foreign currency. Fluctuations in rates can lead to higher or lower repayments depending on the currency value changes.

You will typically need to provide a copy of your identification, proof of income (such as salary slips), bank statements, and details about the vehicle you wish to purchase.