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Challenger 3.6L GT 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 8,755

Down Payment

AED 25,980

Total Cost

AED 131,040

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1AED 8,755AED 96,305
2AED 8,755AED 87,550
3AED 8,755AED 78,795
4AED 8,755AED 70,040
5AED 8,755AED 61,285
6AED 8,755AED 52,530
7AED 8,755AED 43,775
8AED 8,755AED 35,020
9AED 8,755AED 26,265
10AED 8,755AED 17,510
11AED 8,755AED 8,755
12AED 8,755AED 0

Monthly Payment Composition

Interest: 95
Principal: 8660

Challenger 3.6L GT Car Loan Calculator FAQs in UAE

In the UAE, you can choose from several loan options such as fixed-rate loans, variable-rate loans, and personal loans tailored for car purchases.

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

You typically need to provide identification, proof of income, bank statements, and details of the vehicle you wish to purchase.

Factors such as your credit score, loan amount, loan term, and the bank's policies can affect the interest rate of your car loan.

Yes, additional fees may include processing fees, insurance costs, and early repayment fees depending on the bank's policies.