

Explorer XLT 202A 2.3L 4WD Car Loan Calculator in UAE
To finance this car, you can first calculate the installment price in UAE
Monthly Payment
AED 17,185
Down Payment
AED 51,000
Total Cost
AED 257,220
Car Loan Monthly Installments Schedule
Repayment Schedule | Monthly Repayment | Remaining repayment amount |
---|---|---|
1 | AED 17,185 | AED 189,035 |
2 | AED 17,185 | AED 171,850 |
3 | AED 17,185 | AED 154,665 |
4 | AED 17,185 | AED 137,480 |
5 | AED 17,185 | AED 120,295 |
6 | AED 17,185 | AED 103,110 |
7 | AED 17,185 | AED 85,925 |
8 | AED 17,185 | AED 68,740 |
9 | AED 17,185 | AED 51,555 |
10 | AED 17,185 | AED 34,370 |
11 | AED 17,185 | AED 17,185 |
12 | AED 17,185 | AED 0 |
Monthly Payment Composition
Interest: 185
Principal: 17000
Explorer XLT 202A 2.3L 4WD Car Loan Calculator FAQs in UAE
- The car loan process typically involves filling out a loan application, providing necessary documents such as proof of income and identity, and the bank will assess your creditworthiness before approving the loan.
- Yes, taking a loan can impact your credit score. Timely repayments can improve your score, while missed payments can harm it.
- Consider the interest rate, loan term, monthly payment, and any additional fees. It's also important to check your credit score beforehand.
- A higher interest rate will increase your monthly payments, while a lower interest rate will result in lower payments. Always aim for the best rate.
- You typically need your Emirates ID, proof of income (like salary slips), bank statements, and sometimes a copy of the vehicle's registration and insurance.
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