CarteaCar Loan Calculator

Coolray 2025 GF 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 6,019

Down Payment

AED 17,860

Total Cost

AED 90,088

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1AED 6,019AED 66,209
2AED 6,019AED 60,190
3AED 6,019AED 54,171
4AED 6,019AED 48,152
5AED 6,019AED 42,133
6AED 6,019AED 36,114
7AED 6,019AED 30,095
8AED 6,019AED 24,076
9AED 6,019AED 18,057
10AED 6,019AED 12,038
11AED 6,019AED 6,019
12AED 6,019AED 0

Monthly Payment Composition

Interest: 66
Principal: 5953

Coolray 2025 GF Car Loan Calculator FAQs in UAE

  • In the UAE, you can choose from various financing options such as traditional bank loans, Islamic finance, and lease-to-own agreements.
  • To apply for a car loan, you need to submit your application along with required documents such as ID, proof of income, and bank statements to the bank or financial institution.
  • Yes, taking a car loan can affect your credit score. Timely payments can improve it, while missed payments may harm your score.
  • Consider your budget, interest rates, loan terms, and your ability to make monthly payments before taking a car loan.
  • Factors include your credit score, loan amount, loan term, and the current economic conditions.