What are the loan options available for purchasing an EQB 350 SUV 4MATIC in the 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.

How do I apply for a car loan for an EQB 350 SUV 4MATIC in the UAE?

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.

Will taking a loan for the EQB 350 SUV 4MATIC affect my credit score?

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

What should I be aware of before taking a car loan for the EQB 350 SUV 4MATIC?

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

What factors can affect the interest rate of my car loan for the EQB 350 SUV 4MATIC?

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

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EQB 350 SUV 4MATIC Car Loan Calculator in UAE

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

Monthly Payment

AED 20,076

Down Payment

AED 59,580

Total Cost

AED 300,492

Car Loan Monthly Installments Schedule

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