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Edge Trend 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 *
%
interest rate *
%
Loan Period *
Month
calculate

Calculation Of Loans

Total Car PriceAED 301,095
Down PaymentAED 60,219
  • Monthly PaymentAED 20,292
  • Total CostAED 303,723
  • Loan Period12 Month

Car Loan Monthly Installments Schedule

Payment ScheduleMonthly PaymentRemaining Amount
1AED 20,292AED 223,212
2AED 20,292AED 202,920
3AED 20,292AED 182,628
4AED 20,292AED 162,336
5AED 20,292AED 142,044
6AED 20,292AED 121,752
7AED 20,292AED 101,460
8AED 20,292AED 81,168
9AED 20,292AED 60,876
10AED 20,292AED 40,584
11AED 20,292AED 20,292
12AED 20,292AED 0

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Edge Trend Car Loan Calculator FAQs in UAE

  • The Edge Trend car loan is a financing option provided by banks in the UAE specifically designed for purchasing vehicles. It typically offers competitive interest rates and flexible repayment terms.
  • You can apply for an Edge Trend car loan by visiting your preferred bank's website or branch, filling out the application form, and providing the necessary documents such as your ID, salary certificate, and vehicle details.
  • Yes, taking a car loan can affect your credit score. Timely payments can improve your score, while missed payments can negatively impact it.
  • You should consider the interest rate, loan term, monthly payments, your budget, and any additional fees or charges associated with the loan.
  • Loan interest rates can be influenced by factors such as your credit score, the loan amount, the term of the loan, and the current economic conditions.

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