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Explorer Base 100A 2.3L 4WD Car Loan Calculator in UAE

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

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car price (AED)*

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%
Loan Period (years) *
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interest rate *
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Monthly Payment

AED 17,185

Down Payment

AED 51,000

Total Cost

AED 257,220

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1AED 17,185AED 189,035
2AED 17,185AED 171,850
3AED 17,185AED 154,665
4AED 17,185AED 137,480
5AED 17,185AED 120,295
6AED 17,185AED 103,110
7AED 17,185AED 85,925
8AED 17,185AED 68,740
9AED 17,185AED 51,555
10AED 17,185AED 34,370
11AED 17,185AED 17,185
12AED 17,185AED 0

Monthly Payment Composition

Interest: 185
Principal: 17000

Explorer Base 100A 2.3L 4WD Car Loan Calculator FAQs in UAE

The car loan for the Explorer Base 100A 2.3L 4WD in the UAE is a financing option offered by banks to help you purchase the vehicle. It typically covers a percentage of the car's value, with flexible repayment terms.

To apply for a car loan, you need to visit a bank or financial institution, provide necessary documentation such as proof of income, residency, and identification, and fill out a loan application form.

Yes, taking a car loan can impact your credit score. Timely repayments can improve your credit score, while missed payments can harm it.

Be aware of the interest rates, loan tenure, processing fees, and the total cost of the car, including insurance and registration fees. Also, ensure you understand the terms and conditions of the loan.

Factors affecting car loan interest rates include your credit score, the loan amount, the loan duration, the bank's policies, and prevailing market conditions.