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e-2008 Car Loan Calculator in UAE

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

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car price (AED)*

down payment *
%
Loan Period (years) *
Y
interest rate *
%
calculate

Monthly Payment

AED 11,450

Down Payment

AED 33,980

Total Cost

AED 171,380

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1AED 11,450AED 125,950
2AED 11,450AED 114,500
3AED 11,450AED 103,050
4AED 11,450AED 91,600
5AED 11,450AED 80,150
6AED 11,450AED 68,700
7AED 11,450AED 57,250
8AED 11,450AED 45,800
9AED 11,450AED 34,350
10AED 11,450AED 22,900
11AED 11,450AED 11,450
12AED 11,450AED 0

Monthly Payment Composition

Interest: 124
Principal: 11326

e-2008 Car Loan Calculator FAQs in UAE

The e-2008 car loan in the UAE is a financing option provided by banks to assist customers in purchasing the e-2008 electric vehicle, allowing them to pay in installments over a specific period.

To apply for a car loan for the e-2008, you need to visit your chosen bank, provide necessary documents such as your identification, proof of income, and vehicle details, and fill out the application form.

Yes, taking a car loan can affect your credit score. If you make timely payments, it can positively impact your score, but missed payments can lead to a decrease.

When taking a car loan, consider the interest rate, loan tenure, monthly installments, total cost of the loan, and any additional fees or insurance requirements.

Factors that can affect the loan exchange rate include the central bank's interest rates, inflation rates, economic stability, and current market conditions.