What is the car loan process for purchasing a Ford F-150 Raptor 3.5L V6 in the UAE?

The car loan process typically involves selecting a bank, submitting your income documents, completing a loan application, and providing details about the vehicle. The bank will then evaluate your creditworthiness before approving the loan.

Will taking a loan for the Ford F-150 Raptor affect my credit score?

Yes, taking out a loan can affect your credit score. If you make timely payments, it can improve your score, but missed payments can negatively impact it.

What factors should I consider when applying for a car loan?

Consider the interest rate, loan term, monthly payments, your credit score, and any additional fees or insurance requirements.

What are the common documents required for a car loan application?

Common documents include your Emirates ID, proof of income (salary certificate or pay slips), bank statements, and information about the vehicle.

What influences the loan interest rate for my F-150 Raptor purchase?

The loan interest rate can be influenced by factors such as your credit score, the loan amount, the term of the loan, and the current market interest rates.

CarteaCar Loan Calculator

F 150 Raptor 3.5L V6 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

F 150 Raptor 3.5L V6 Car Loan Calculator FAQs in UAE

The car loan process typically involves selecting a bank, submitting your income documents, completing a loan application, and providing details about the vehicle. The bank will then evaluate your creditworthiness before approving the loan.
Yes, taking out a loan can affect your credit score. If you make timely payments, it can improve your score, but missed payments can negatively impact it.
Consider the interest rate, loan term, monthly payments, your credit score, and any additional fees or insurance requirements.
Common documents include your Emirates ID, proof of income (salary certificate or pay slips), bank statements, and information about the vehicle.
The loan interest rate can be influenced by factors such as your credit score, the loan amount, the term of the loan, and the current market interest rates.