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Explorer 2.3L EcoBoost Limited AWD 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 *
%
interest rate *
%
Loan Period *
Month
calculate

Calculation Of Loans

Total Car PriceAED 220,395
Down PaymentAED 44,079
  • Monthly PaymentAED 14,853
  • Total CostAED 222,315
  • Loan Period12 Month

Car Loan Monthly Installments Schedule

Payment ScheduleMonthly PaymentRemaining Amount
1AED 14,853AED 163,383
2AED 14,853AED 148,530
3AED 14,853AED 133,677
4AED 14,853AED 118,824
5AED 14,853AED 103,971
6AED 14,853AED 89,118
7AED 14,853AED 74,265
8AED 14,853AED 59,412
9AED 14,853AED 44,559
10AED 14,853AED 29,706
11AED 14,853AED 14,853
12AED 14,853AED 0

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Explorer 2.3L EcoBoost Limited AWD Car Loan Calculator FAQs in UAE

  • The car loan process typically involves selecting a lender, submitting required documents, and completing an application. Once approved, you'll receive the loan amount to purchase the vehicle.
  • Yes, taking out a loan can affect your credit score. It may initially lower your score due to the hard inquiry, but timely repayments can improve it over time.
  • Factors include your credit score, loan term, the lender's policies, and current economic conditions. A higher credit score usually results in a lower interest rate.
  • You typically need to provide identification, proof of income, bank statements, and details about the vehicle you wish to purchase.
  • Some lenders may impose prepayment penalties, while others may not. It's important to check the terms of your loan agreement for any such charges.

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