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EQE 350+ Premium + 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 29,578

Down Payment

AED 87,780

Total Cost

AED 442,716

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1AED 29,578AED 325,358
2AED 29,578AED 295,780
3AED 29,578AED 266,202
4AED 29,578AED 236,624
5AED 29,578AED 207,046
6AED 29,578AED 177,468
7AED 29,578AED 147,890
8AED 29,578AED 118,312
9AED 29,578AED 88,734
10AED 29,578AED 59,156
11AED 29,578AED 29,578
12AED 29,578AED 0

Monthly Payment Composition

Interest: 318
Principal: 29260

EQE 350+ Premium + Car Loan Calculator FAQs in UAE

The car loan process typically involves choosing a lender, submitting an application, providing required documents, and awaiting approval before finalizing the purchase.

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

Consider your credit score, the loan interest rates, loan terms, monthly payment affordability, and any additional fees.

Interest rates for car loans in the UAE typically range from 3% to 6% depending on the lender and your creditworthiness.

Common documents include your Emirates ID, salary certificate, bank statements, and proof of residence.