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Explorer Limited 301A 2.3L 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 Limited 301A 2.3L Car Loan Calculator FAQs in UAE

In UAE, you can choose between bank loans, dealer financing, or personal loans for purchasing the Explorer Limited 301A 2.3L.

Taking a car loan can either improve or negatively impact your credit score depending on your repayment behavior.

You typically need your Emirates ID, salary certificate, bank statements, and proof of residence to apply for a car loan.

Factors include your credit score, loan amount, repayment term, and the bank's current interest rates.

It depends on the offers available; banks may offer lower rates, while dealers might provide convenience and promotions.