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Challenger R/T Scatpack WideBody 6.2L 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 14,820

Down Payment

AED 43,980

Total Cost

AED 221,820

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1AED 14,820AED 163,020
2AED 14,820AED 148,200
3AED 14,820AED 133,380
4AED 14,820AED 118,560
5AED 14,820AED 103,740
6AED 14,820AED 88,920
7AED 14,820AED 74,100
8AED 14,820AED 59,280
9AED 14,820AED 44,460
10AED 14,820AED 29,640
11AED 14,820AED 14,820
12AED 14,820AED 0

Monthly Payment Composition

Interest: 160
Principal: 14660

Challenger R/T Scatpack WideBody 6.2L Car Loan Calculator FAQs in UAE

Typically, you will need a valid residency visa, a stable income proof, and a good credit score to qualify for a car loan in the UAE.

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

Consider the interest rates, loan terms, monthly installments, and your overall financial situation before applying for the loan.

Factors include your credit score, loan amount, repayment period, and the bank's current policies.

Yes, you can negotiate terms such as interest rates and loan tenure with your bank or financial institution.