HomeCar Loan Calculator

EQB 350 SUV 4MATIC 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 20,076

Down Payment

AED 59,580

Total Cost

AED 300,492

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1AED 20,076AED 220,836
2AED 20,076AED 200,760
3AED 20,076AED 180,684
4AED 20,076AED 160,608
5AED 20,076AED 140,532
6AED 20,076AED 120,456
7AED 20,076AED 100,380
8AED 20,076AED 80,304
9AED 20,076AED 60,228
10AED 20,076AED 40,152
11AED 20,076AED 20,076
12AED 20,076AED 0

Monthly Payment Composition

Interest: 216
Principal: 19860

EQB 350 SUV 4MATIC Car Loan Calculator FAQs in UAE

In the UAE, you can choose from various loan options such as fixed-rate loans, variable-rate loans, and special promotional rates offered by banks.

To apply for a car loan, you need to visit a bank or a financial institution, provide necessary documents like your ID, proof of income, and details about the vehicle.

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

Before taking a loan, be aware of the interest rates, loan terms, any additional fees, and ensure that you can afford the monthly payments.

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