HomeCar Loan Calculator

Escalade 6.2L Premium Luxury Platinum 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 36,863

Down Payment

AED 109,400

Total Cost

AED 551,756

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1AED 36,863AED 405,493
2AED 36,863AED 368,630
3AED 36,863AED 331,767
4AED 36,863AED 294,904
5AED 36,863AED 258,041
6AED 36,863AED 221,178
7AED 36,863AED 184,315
8AED 36,863AED 147,452
9AED 36,863AED 110,589
10AED 36,863AED 73,726
11AED 36,863AED 36,863
12AED 36,863AED 0

Monthly Payment Composition

Interest: 397
Principal: 36466

Escalade 6.2L Premium Luxury Platinum Car Loan Calculator FAQs in UAE

The car loan process generally involves selecting a lender, submitting your financial information, and completing a loan application. The lender will assess your creditworthiness and may require documentation such as proof of income and identification.

Yes, taking a car loan can affect your credit score. If you make timely payments, it can improve your score, but missed payments may negatively impact it.

Consider factors such as the interest rate, loan term, monthly payment amount, and any additional fees. It's also important to compare offers from different lenders.

Interest rates for car loans in the UAE can vary but typically range from 2.5% to 5% for luxury vehicles, depending on the lender and your credit profile.

You typically need to provide proof of income, bank statements, your Emirates ID, passport copy, and a copy of the vehicle's registration documents.