CarteaCar Loan Calculator

Coolray 2025 GL 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 *
%
interest rate *
%
Loan Period *
Month
calculate

Calculation Of Loans

Total Car Price-
Down PaymentAED 15,180
  • Monthly PaymentAED 60,822
  • Total CostAED 76,002
  • Loan Period1 Month

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1AED 60,822AED 0

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Coolray 2025 GL Car Loan Calculator FAQs in UAE

  • In UAE, there are various loan options such as conventional loans, Islamic financing, and personal loans specifically tailored for vehicle purchases.
  • You can apply for a car loan by visiting your preferred bank's website, filling out the application form, and providing the required documents such as proof of income and identification.
  • Yes, taking a car loan can affect your credit score. Timely payments can improve your score, while missed payments can lower it.
  • Consider the interest rates, loan term, monthly payments, and your overall financial situation before committing to a car loan.
  • Factors influencing car loan interest rates include your credit score, the loan amount, the loan term, and the bank's policies.