What are the loan options available for purchasing a Ford F-150 XLT 3.5L in the UAE?

In the UAE, you can choose between various loan options such as bank loans, dealer financing, and personal loans specifically tailored for vehicle purchases.

How does taking a loan for the Ford F-150 XLT 3.5L affect my credit score?

Taking a loan can initially lower your credit score due to the hard inquiry, but timely payments can improve your score over time.

What documents do I need to apply for a car loan in the UAE?

You usually need to provide your Emirates ID, salary certificate, bank statements, and the vehicle's purchase agreement.

What factors can affect the interest rate on my car loan?

Factors that can affect your interest rate include your credit score, the loan amount, loan tenure, and the current market conditions.

What should I be cautious about when taking a car loan?

Be cautious about the total cost including interest, additional fees, and ensure you understand the repayment terms before signing.

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F 150 XLT 3.5L (5 Seater) Car Loan Calculator in UAE

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

Calculation Of Loans

Total Car PriceAED 255,000

Down PaymentAED 51,000

Monthly PaymentAED 17,185
Total CostAED 257,220
Loan Period12 Month

Car Loan Monthly Installments Schedule

Payment Schedule	Monthly Payment	Remaining 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

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F 150 XLT 3.5L (5 Seater) Car Loan Calculator FAQs in UAE

In the UAE, you can choose between various loan options such as bank loans, dealer financing, and personal loans specifically tailored for vehicle purchases.
Taking a loan can initially lower your credit score due to the hard inquiry, but timely payments can improve your score over time.
You usually need to provide your Emirates ID, salary certificate, bank statements, and the vehicle's purchase agreement.
Factors that can affect your interest rate include your credit score, the loan amount, loan tenure, and the current market conditions.
Be cautious about the total cost including interest, additional fees, and ensure you understand the repayment terms before signing.