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Bronco Big Band 2.3L (5 Seater) 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 17,185

Down Payment

AED 51,000

Total Cost

AED 257,220

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1AED 17,185AED 189,035
2AED 17,185AED 171,850
3AED 17,185AED 154,665
4AED 17,185AED 137,480
5AED 17,185AED 120,295
6AED 17,185AED 103,110
7AED 17,185AED 85,925
8AED 17,185AED 68,740
9AED 17,185AED 51,555
10AED 17,185AED 34,370
11AED 17,185AED 17,185
12AED 17,185AED 0

Monthly Payment Composition

Interest: 185
Principal: 17000

Bronco Big Band 2.3L (5 Seater) Car Loan Calculator FAQs in UAE

In the UAE, you can obtain financing through various banks and financial institutions, including personal loans, auto loans, or dealership financing. It's advisable to compare interest rates and terms.

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

Before applying, consider your budget, the loan terms, interest rates, down payment options, and the total cost of ownership including insurance and maintenance.

Factors include your credit score, loan amount, repayment term, market conditions, and the bank’s policies. A higher credit score often leads to lower interest rates.

Yes, first-time buyers can obtain loans. Some banks offer special programs or incentives for first-time car buyers, which may include lower interest rates.