CarteaCar Loan Calculator

Altima 2.5 SL 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 9,166

Down Payment

AED 27,200

Total Cost

AED 137,192

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1AED 9,166AED 100,826
2AED 9,166AED 91,660
3AED 9,166AED 82,494
4AED 9,166AED 73,328
5AED 9,166AED 64,162
6AED 9,166AED 54,996
7AED 9,166AED 45,830
8AED 9,166AED 36,664
9AED 9,166AED 27,498
10AED 9,166AED 18,332
11AED 9,166AED 9,166
12AED 9,166AED 0

Monthly Payment Composition

Interest: 100
Principal: 9066

Altima 2.5 SL Car Loan Calculator FAQs in UAE

In the UAE, you can find various financing options including bank loans, dealership financing, and personal loans. It's essential to compare interest rates and terms.

Taking a car loan can impact your credit score positively if you make timely payments. However, missing payments can negatively affect your score.

Before applying, consider your budget, the total cost of the loan, interest rates, repayment terms, and your current financial situation.

Factors include your credit score, loan amount, repayment period, and the lender’s policies.

To improve your chances, maintain a good credit score, provide a stable income proof, reduce existing debts, and compare lenders to find the best terms.