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EQS 580 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 51,211

Down Payment

AED 151,980

Total Cost

AED 766,512

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1AED 51,211AED 563,321
2AED 51,211AED 512,110
3AED 51,211AED 460,899
4AED 51,211AED 409,688
5AED 51,211AED 358,477
6AED 51,211AED 307,266
7AED 51,211AED 256,055
8AED 51,211AED 204,844
9AED 51,211AED 153,633
10AED 51,211AED 102,422
11AED 51,211AED 51,211
12AED 51,211AED 0

Monthly Payment Composition

Interest: 551
Principal: 50660

EQS 580 4MATIC Car Loan Calculator FAQs in UAE

In the UAE, you can choose from various loan options such as personal loans, auto loans, and financing through the dealership. Each option has different terms and interest rates.

To apply for a car loan, you need to gather necessary documents like your ID, proof of income, and bank statements. Then, you can apply through a bank or dealership.

Yes, taking a loan can impact your credit score. It may improve your score if you make timely payments, but missing payments can lower your score.

Consider the interest rates, loan tenure, your repayment capacity, and any additional fees before finalizing the loan.

Loan interest rates can be influenced by factors such as the central bank's rates, your credit score, and the lender's policies.