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BJ40 2.0T 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 8,694

Down Payment

AED 25,800

Total Cost

AED 130,128

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1AED 8,694AED 95,634
2AED 8,694AED 86,940
3AED 8,694AED 78,246
4AED 8,694AED 69,552
5AED 8,694AED 60,858
6AED 8,694AED 52,164
7AED 8,694AED 43,470
8AED 8,694AED 34,776
9AED 8,694AED 26,082
10AED 8,694AED 17,388
11AED 8,694AED 8,694
12AED 8,694AED 0

Monthly Payment Composition

Interest: 94
Principal: 8600

BJ40 2.0T Car Loan Calculator FAQs in UAE

The car loan process typically involves selecting a bank, submitting necessary documents such as your ID and income proof, and then getting your application approved before purchasing the vehicle.

Yes, taking a car loan can affect your credit score as it adds to your credit history. Timely payments can improve your score, while missed payments can harm it.

Consider your monthly income, existing debts, the interest rate offered, loan tenure, and any additional fees.

Interest rates for car loans in the UAE generally range from 3% to 6%, depending on the bank and your credit profile.

You typically need to provide your Emirates ID, salary certificate, bank statements, and proof of residence.