HomeCar Loan Calculator

Ertiga 1.5L GL 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 4,785

Down Payment

AED 14,200

Total Cost

AED 71,620

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1AED 4,785AED 52,635
2AED 4,785AED 47,850
3AED 4,785AED 43,065
4AED 4,785AED 38,280
5AED 4,785AED 33,495
6AED 4,785AED 28,710
7AED 4,785AED 23,925
8AED 4,785AED 19,140
9AED 4,785AED 14,355
10AED 4,785AED 9,570
11AED 4,785AED 4,785
12AED 4,785AED 0

Monthly Payment Composition

Interest: 52
Principal: 4733

Ertiga 1.5L GL Car Loan Calculator FAQs in UAE

In the UAE, you can opt for bank loans, dealership financing, or personal loans specifically tailored for vehicle purchases.

You can apply for a car loan through a bank or financial institution by providing necessary documents such as your ID, salary certificate, and bank statements.

Yes, taking a car loan can impact your credit score, as it adds to your credit utilization and payment history.

Pay attention to the interest rates, loan terms, and any hidden fees. Ensure you understand the total repayment amount.

Factors include your credit score, the loan amount, the duration of the loan, and the overall economic conditions.