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Edge Titanium 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 13,650

Down Payment

AED 40,509

Total Cost

AED 204,309

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1AED 13,650AED 150,150
2AED 13,650AED 136,500
3AED 13,650AED 122,850
4AED 13,650AED 109,200
5AED 13,650AED 95,550
6AED 13,650AED 81,900
7AED 13,650AED 68,250
8AED 13,650AED 54,600
9AED 13,650AED 40,950
10AED 13,650AED 27,300
11AED 13,650AED 13,650
12AED 13,650AED 0

Monthly Payment Composition

Interest: 147
Principal: 13503

Edge Titanium Car Loan Calculator FAQs in UAE

The process typically involves applying for the loan through a bank or financial institution, providing necessary documents like your Emirates ID, salary certificate, and vehicle details, and undergoing credit evaluation.

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

Factors include your credit score, the loan amount, the loan tenure, and the bank's current interest rates.

Be aware of the total cost of the loan, including interest rates, fees, and insurance. Also, ensure you understand the repayment terms.

Yes, you will typically need your Emirates ID, proof of income, bank statements, and the vehicle's registration documents.