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CT5 Premium Luxury 3.0T 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 14,180

Down Payment

AED 42,080

Total Cost

AED 212,240

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1AED 14,180AED 155,980
2AED 14,180AED 141,800
3AED 14,180AED 127,620
4AED 14,180AED 113,440
5AED 14,180AED 99,260
6AED 14,180AED 85,080
7AED 14,180AED 70,900
8AED 14,180AED 56,720
9AED 14,180AED 42,540
10AED 14,180AED 28,360
11AED 14,180AED 14,180
12AED 14,180AED 0

Monthly Payment Composition

Interest: 154
Principal: 14026

CT5 Premium Luxury 3.0T Car Loan Calculator FAQs in UAE

To apply for a loan, you typically need to provide identification, proof of income, and bank statements. Additionally, you may need to have a good credit score.

Yes, taking a loan can impact your credit score. If you make timely payments, it can improve your score, but missed payments can harm it.

Interest rates can be influenced by your credit score, the amount of down payment, the loan term, and the bank's policies.

Consider your monthly budget, the total cost of the loan, the interest rate, insurance costs, and whether you can afford the payments.

Typically, it takes about 1 to 5 working days to process a car loan application, depending on the bank and the completeness of your documents.