

Camry 3.5L Sport (298 HP) Car Loan Calculator in UAE
To finance this car, you can first calculate the installment price in UAE
Monthly Payment
AED 9,361
Down Payment
AED 27,780
Total Cost
AED 140,112
Car Loan Monthly Installments Schedule
Repayment Schedule | Monthly Repayment | Remaining repayment amount |
---|---|---|
1 | AED 9,361 | AED 102,971 |
2 | AED 9,361 | AED 93,610 |
3 | AED 9,361 | AED 84,249 |
4 | AED 9,361 | AED 74,888 |
5 | AED 9,361 | AED 65,527 |
6 | AED 9,361 | AED 56,166 |
7 | AED 9,361 | AED 46,805 |
8 | AED 9,361 | AED 37,444 |
9 | AED 9,361 | AED 28,083 |
10 | AED 9,361 | AED 18,722 |
11 | AED 9,361 | AED 9,361 |
12 | AED 9,361 | AED 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.
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