What are the typical interest rates for a car loan on the Duster 1.6L LE (4x2) in the UAE?

Interest rates for a car loan on the Duster 1.6L LE (4x2) typically range from 3% to 5% depending on the bank and the applicant's credit profile.

How can I apply for a car loan to purchase the Duster 1.6L LE (4x2) in the UAE?

You can apply for a car loan through various banks in the UAE by providing necessary documents such as your Emirates ID, salary certificate, and car quotation.

Will taking a loan for the Duster 1.6L LE (4x2) affect my credit score?

Yes, taking a loan can affect your credit score. Timely payments can improve your score, while missed payments can harm it.

What should I consider before taking a car loan for the Duster 1.6L LE (4x2)?

Consider your monthly budget, the total cost of the loan including interest, the loan term, and your ability to make repayments.

What factors can affect the loan exchange rate for the Duster 1.6L LE (4x2)?

Factors include the prevailing interest rates, inflation, economic stability, and changes in monetary policy.

CarteaCar Loan Calculator

Duster 1.6L LE (4x2) Car Loan Calculator in UAE

To finance this car, you can first calculate the installment price in UAE

Monthly Payment

AED 4,516

Down Payment

AED 13,400

Total Cost

AED 67,592

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	AED 4,516	AED 49,676
2	AED 4,516	AED 45,160
3	AED 4,516	AED 40,644
4	AED 4,516	AED 36,128
5	AED 4,516	AED 31,612
6	AED 4,516	AED 27,096
7	AED 4,516	AED 22,580
8	AED 4,516	AED 18,064
9	AED 4,516	AED 13,548
10	AED 4,516	AED 9,032
11	AED 4,516	AED 4,516
12	AED 4,516	AED 0

Monthly Payment Composition

Interest: 50

Principal: 4466

Duster 1.6L LE (4x2) Car Loan Calculator FAQs in UAE

Interest rates for a car loan on the Duster 1.6L LE (4x2) typically range from 3% to 5% depending on the bank and the applicant's credit profile.
You can apply for a car loan through various banks in the UAE by providing necessary documents such as your Emirates ID, salary certificate, and car quotation.
Yes, taking a loan can affect your credit score. Timely payments can improve your score, while missed payments can harm it.
Consider your monthly budget, the total cost of the loan including interest, the loan term, and your ability to make repayments.
Factors include the prevailing interest rates, inflation, economic stability, and changes in monetary policy.