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

The car loan process typically involves selecting the vehicle, submitting a loan application to a bank, providing necessary documentation, and waiting for approval. Once approved, you'll finalize the loan terms and make your purchase.

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

Consider your budget, interest rates, loan terms, and any additional fees. It's also important to review your credit history and ensure you can make the monthly payments.

Factors include your credit score, loan amount, loan term, and the current market interest rates. A better credit score generally results in a lower interest rate.

Yes, some banks may charge processing fees, insurance costs, and early repayment fees. It’s important to read the loan agreement carefully to understand all potential charges.