HomeCar Loan Calculator

CLE 200 Cabriolet 4MATIC 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 24,052

Down Payment

AED 71,380

Total Cost

AED 360,004

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1AED 24,052AED 264,572
2AED 24,052AED 240,520
3AED 24,052AED 216,468
4AED 24,052AED 192,416
5AED 24,052AED 168,364
6AED 24,052AED 144,312
7AED 24,052AED 120,260
8AED 24,052AED 96,208
9AED 24,052AED 72,156
10AED 24,052AED 48,104
11AED 24,052AED 24,052
12AED 24,052AED 0

Monthly Payment Composition

Interest: 259
Principal: 23793

CLE 200 Cabriolet 4MATIC Car Loan Calculator FAQs in UAE

Typical loan terms can range from 1 to 5 years, with interest rates varying between 3% to 6% depending on the bank and your credit score.

You can apply for a car loan by visiting your bank’s website or branch, providing necessary documents like your ID, proof of income, and details of the car.

Yes, taking out a loan can affect your credit score, especially if you miss payments or default. It’s important to manage your payments responsibly.

Consider factors like your monthly budget, interest rates, loan tenure, and the total cost of the car including insurance and maintenance.

Factors include your credit score, loan amount, loan tenure, and the current market conditions. A higher credit score usually leads to a lower interest rate.