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Camry 3.5L Sport (298 HP) Car Loan Calculator in UAE

To finance this car, you can first calculate the installment price in UAE

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car price (AED)*

down payment *
%
Loan Period (years) *
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interest rate *
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calculate

Monthly Payment

AED 9,361

Down Payment

AED 27,780

Total Cost

AED 140,112

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1AED 9,361AED 102,971
2AED 9,361AED 93,610
3AED 9,361AED 84,249
4AED 9,361AED 74,888
5AED 9,361AED 65,527
6AED 9,361AED 56,166
7AED 9,361AED 46,805
8AED 9,361AED 37,444
9AED 9,361AED 28,083
10AED 9,361AED 18,722
11AED 9,361AED 9,361
12AED 9,361AED 0

Monthly Payment Composition

Interest: 101
Principal: 9260

Camry 3.5L Sport (298 HP) Car Loan Calculator FAQs in UAE

Typically, car loans in the UAE require a down payment of 20% to 30% of the car’s value, with loan tenures ranging from 1 to 5 years. Interest rates can vary from 2.99% to 4.99% depending on the bank.

Taking a car loan can affect your credit score positively if you make timely payments. However, missing payments can negatively impact your score. It's important to manage your repayments responsibly.

You will typically need to provide a copy of your ID, proof of income (like salary certificates), bank statements, and details of the car you wish to purchase.

It's essential to read the terms and conditions carefully, including the interest rate, any additional fees, and penalties for late payments. Understanding these details can help prevent unexpected costs.

The interest rate can be influenced by your credit score, the loan tenure, the current economic situation, and the bank's policies. Generally, a higher credit score can lead to lower interest rates.