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Cherokee 3.2L Limited 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 *
%
interest rate *
%
Loan Period *
Month
calculate

Calculation Of Loans

Total Car PriceAED 129,900
Down PaymentAED 25,980
  • Monthly PaymentAED 8,755
  • Total CostAED 131,040
  • Loan Period12 Month

Car Loan Monthly Installments Schedule

Payment ScheduleMonthly PaymentRemaining 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

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Cherokee 3.2L Limited Car Loan Calculator FAQs in UAE

  • To obtain a loan for a Cherokee 3.2L Limited in the UAE, you typically need to provide proof of income, residency, a valid Emirates ID, and a good credit score.
  • Taking a loan can affect your credit score positively if you make timely payments, but missed payments can lower your score significantly.
  • Factors affecting the interest rate include your credit score, the loan amount, the loan term, and the bank's current rates.
  • Be aware of the total cost of the loan including interest, any processing fees, and the repayment schedule to avoid surprises.
  • Yes, you can pay off your car loan early, but some banks may charge a prepayment penalty, so it's important to check the loan terms.