HomeCar Loan Calculator

Discovery Sport 2.0T R-Dynamic SE (P250) 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 15,837

Down Payment

AED 47,000

Total Cost

AED 237,044

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1AED 15,837AED 174,207
2AED 15,837AED 158,370
3AED 15,837AED 142,533
4AED 15,837AED 126,696
5AED 15,837AED 110,859
6AED 15,837AED 95,022
7AED 15,837AED 79,185
8AED 15,837AED 63,348
9AED 15,837AED 47,511
10AED 15,837AED 31,674
11AED 15,837AED 15,837
12AED 15,837AED 0

Monthly Payment Composition

Interest: 171
Principal: 15666

Discovery Sport 2.0T R-Dynamic SE (P250) Car Loan Calculator FAQs in UAE

In the UAE, you can typically choose between bank loans, dealer financing, or personal loans. Each option has its own terms and interest rates.

Taking a loan will affect your credit score as it increases your credit utilization. Timely repayments can improve your score, while missed payments can harm it.

Typically, you will need to provide proof of income, identification documents, residency proof, and details of the vehicle you wish to purchase.

Interest rates can be influenced by your credit score, loan tenure, the amount you borrow, and the bank's policies.

Before signing, ensure you understand the terms, including the interest rate, repayment schedule, and any additional fees.