HomeCar Loan Calculator

Discovery 3.0L R-Dynamic HSE (360 HP) 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 26,660

Down Payment

AED 79,120

Total Cost

AED 399,040

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1AED 26,660AED 293,260
2AED 26,660AED 266,600
3AED 26,660AED 239,940
4AED 26,660AED 213,280
5AED 26,660AED 186,620
6AED 26,660AED 159,960
7AED 26,660AED 133,300
8AED 26,660AED 106,640
9AED 26,660AED 79,980
10AED 26,660AED 53,320
11AED 26,660AED 26,660
12AED 26,660AED 0

Monthly Payment Composition

Interest: 287
Principal: 26373

Discovery 3.0L R-Dynamic HSE (360 HP) Car Loan Calculator FAQs in UAE

In the UAE, you can choose from various financing options such as bank loans, dealership financing, and personal loans. It's essential to compare interest rates and terms before deciding.

Taking out a loan can impact your credit score positively if you make timely payments. However, missing payments or applying for multiple loans at once may negatively affect your score.

Before applying for a car loan, consider your monthly budget, the total cost of the vehicle including interest, your credit history, and the loan terms offered by different lenders.

Factors that can affect your car loan interest rate include your credit score, the loan term, the lender's policies, and the overall economic conditions in the UAE.

Yes, it's important to check for any hidden fees such as processing fees, early repayment penalties, and insurance costs. Always read the loan agreement carefully before signing.