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Challenger 6.4L R/T Scatpack Widebody 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 12,805

Down Payment

AED 38,000

Total Cost

AED 191,660

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1AED 12,805AED 140,855
2AED 12,805AED 128,050
3AED 12,805AED 115,245
4AED 12,805AED 102,440
5AED 12,805AED 89,635
6AED 12,805AED 76,830
7AED 12,805AED 64,025
8AED 12,805AED 51,220
9AED 12,805AED 38,415
10AED 12,805AED 25,610
11AED 12,805AED 12,805
12AED 12,805AED 0

Monthly Payment Composition

Interest: 139
Principal: 12666

Challenger 6.4L R/T Scatpack Widebody Car Loan Calculator FAQs in UAE

In the UAE, you typically have options such as bank loans, dealership financing, or personal loans. Each option has its own interest rates and terms.

When you apply for a loan, lenders will perform a credit check, which can temporarily lower your credit score. However, consistent payments can improve your score over time.

You will typically need to provide proof of income, identification, residency proof, and details about the car you wish to purchase.

Factors include your credit score, loan amount, loan term, and the lender's policies. A higher credit score generally leads to lower interest rates.

Yes, some lenders may charge processing fees, early repayment penalties, or insurance costs. It's important to review the loan agreement carefully.