What is the typical loan amount for financing a Ford Explorer 2.3L EcoBoost XLT (Mid Option) AWD in the UAE?

The typical loan amount can range from AED 100,000 to AED 180,000 depending on the vehicle's price and your financial profile.

How do I apply for a car loan for the Ford Explorer in the UAE?

You can apply for a car loan through banks, financial institutions, or directly at dealership financing departments by providing necessary documents such as salary statements and identification.

Will taking a car loan affect my credit score in the UAE?

Yes, taking a car loan can affect your credit score. Making timely payments can improve it, while missed payments can lower it.

What factors should I consider before taking a car loan for the Ford Explorer?

Consider your monthly budget, interest rates, loan tenure, and any additional fees or insurance requirements before taking a loan.

What are the current interest rates for car loans in the UAE?

Current interest rates for car loans in the UAE typically range from 3% to 5% depending on the bank and your credit history.

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Explorer 2.3L EcoBoost XLT (Mid Option) AWD Car Loan Calculator in UAE

To finance this car, you can first calculate the installment price in UAE

Monthly Payment

AED 13,863

Down Payment

AED 41,139

Total Cost

AED 207,495

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	AED 13,863	AED 152,493
2	AED 13,863	AED 138,630
3	AED 13,863	AED 124,767
4	AED 13,863	AED 110,904
5	AED 13,863	AED 97,041
6	AED 13,863	AED 83,178
7	AED 13,863	AED 69,315
8	AED 13,863	AED 55,452
9	AED 13,863	AED 41,589
10	AED 13,863	AED 27,726
11	AED 13,863	AED 13,863
12	AED 13,863	AED 0

Monthly Payment Composition

Interest: 150

Principal: 13713

Explorer 2.3L EcoBoost XLT (Mid Option) AWD Car Loan Calculator FAQs in UAE

The typical loan amount can range from AED 100,000 to AED 180,000 depending on the vehicle's price and your financial profile.
You can apply for a car loan through banks, financial institutions, or directly at dealership financing departments by providing necessary documents such as salary statements and identification.
Yes, taking a car loan can affect your credit score. Making timely payments can improve it, while missed payments can lower it.
Consider your monthly budget, interest rates, loan tenure, and any additional fees or insurance requirements before taking a loan.
Current interest rates for car loans in the UAE typically range from 3% to 5% depending on the bank and your credit history.