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Flying Spur 6.0T W12 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 87,609

Down Payment

AED 260,000

Total Cost

AED 1,311,308

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1AED 87,609AED 963,699
2AED 87,609AED 876,090
3AED 87,609AED 788,481
4AED 87,609AED 700,872
5AED 87,609AED 613,263
6AED 87,609AED 525,654
7AED 87,609AED 438,045
8AED 87,609AED 350,436
9AED 87,609AED 262,827
10AED 87,609AED 175,218
11AED 87,609AED 87,609
12AED 87,609AED 0

Monthly Payment Composition

Interest: 943
Principal: 86666

Flying Spur 6.0T W12 Car Loan Calculator FAQs in UAE

In UAE, you can choose between secured loans, where the car serves as collateral, and unsecured loans, which do not require collateral. Interest rates and repayment terms vary by bank.

Taking a loan can impact your credit score positively if you make timely payments, but missing payments can lower your score. It's essential to manage your repayments responsibly.

Typically, you'll need proof of identity, proof of income, bank statements, and details of the car you wish to purchase. Additional documents may be required by specific lenders.

Factors include your credit history, the loan amount, the loan term, and the current market interest rates. Banks may also consider your employment stability.

Many banks may charge an early repayment penalty, but this varies by lender. It's important to review the terms of your loan agreement to understand any potential fees.