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Air 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 23,564

Down Payment

AED 69,930

Total Cost

AED 352,698

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1AED 23,564AED 259,204
2AED 23,564AED 235,640
3AED 23,564AED 212,076
4AED 23,564AED 188,512
5AED 23,564AED 164,948
6AED 23,564AED 141,384
7AED 23,564AED 117,820
8AED 23,564AED 94,256
9AED 23,564AED 70,692
10AED 23,564AED 47,128
11AED 23,564AED 23,564
12AED 23,564AED 0

Monthly Payment Composition

Interest: 254
Principal: 23310

Air Touring Car Loan Calculator FAQs in UAE

The Air Touring car loan is a financing option offered by banks in the UAE specifically for purchasing vehicles, allowing customers to buy a car and pay for it in installments.

You can apply for an Air Touring car loan by visiting a bank branch, filling out an application form, and providing necessary documents such as ID, proof of income, and vehicle details.

Yes, taking a car loan can affect your credit score. If you consistently make timely payments, it can improve your score, but missed payments can harm it.

Consider the interest rate, loan tenure, monthly installments, your financial situation, and any additional fees before taking a loan.

Factors that can affect the loan exchange rate include economic conditions, inflation rates, central bank policies, and market demand for loans.