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EQE 350 SUV 4MATIC Car Loan Calculator in UAE

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

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car price (AED)*

down payment *
%
Loan Period (years) *
Y
interest rate *
%
calculate

Monthly Payment

AED 31,263

Down Payment

AED 92,780

Total Cost

AED 467,936

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1AED 31,263AED 343,893
2AED 31,263AED 312,630
3AED 31,263AED 281,367
4AED 31,263AED 250,104
5AED 31,263AED 218,841
6AED 31,263AED 187,578
7AED 31,263AED 156,315
8AED 31,263AED 125,052
9AED 31,263AED 93,789
10AED 31,263AED 62,526
11AED 31,263AED 31,263
12AED 31,263AED 0

Monthly Payment Composition

Interest: 337
Principal: 30926

EQE 350 SUV 4MATIC Car Loan Calculator FAQs in UAE

The car loan process typically involves applying through a bank or financial institution, submitting necessary documents, and receiving approval based on your creditworthiness and income.

Yes, taking a car loan can impact your credit score as it adds to your credit utilization and shows your ability to manage debt.

Be aware of the interest rates, loan tenure, monthly payments, and any additional fees or insurance requirements.

Factors include your credit score, the amount of down payment, the loan term, and the current market conditions.

The amount you can borrow will depend on your income, credit score, and the bank's lending policies; typically, banks offer loans covering up to 80-90% of the car's value.