HomeCar Loan Calculator

Equinox 1.5T LS (FWD) 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 5,392

Down Payment

AED 16,000

Total Cost

AED 80,704

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1AED 5,392AED 59,312
2AED 5,392AED 53,920
3AED 5,392AED 48,528
4AED 5,392AED 43,136
5AED 5,392AED 37,744
6AED 5,392AED 32,352
7AED 5,392AED 26,960
8AED 5,392AED 21,568
9AED 5,392AED 16,176
10AED 5,392AED 10,784
11AED 5,392AED 5,392
12AED 5,392AED 0

Monthly Payment Composition

Interest: 59
Principal: 5333

Equinox 1.5T LS (FWD) Car Loan Calculator FAQs in UAE

In the UAE, you can choose from various financing options including bank loans, dealership financing, or personal loans. Each option has different interest rates and terms.

Taking a loan can impact your credit score positively if you make timely payments, but missing payments can lower your score significantly.

Consider your budget, the total cost of the loan, interest rates, loan terms, and whether you can afford the monthly payments.

Factors include your credit history, the loan amount, the duration of the loan, and the current economic conditions.

Yes, many banks offer loans for first-time buyers. You may need to provide additional documentation or a larger down payment.