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G50 1.3T MT Classic 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 4,819

Down Payment

AED 14,300

Total Cost

AED 72,128

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1AED 4,819AED 53,009
2AED 4,819AED 48,190
3AED 4,819AED 43,371
4AED 4,819AED 38,552
5AED 4,819AED 33,733
6AED 4,819AED 28,914
7AED 4,819AED 24,095
8AED 4,819AED 19,276
9AED 4,819AED 14,457
10AED 4,819AED 9,638
11AED 4,819AED 4,819
12AED 4,819AED 0

Monthly Payment Composition

Interest: 53
Principal: 4766

G50 1.3T MT Classic Car Loan Calculator FAQs in UAE

You can choose between personal loans or auto loans specifically designed for vehicle purchases. Various banks in the UAE offer competitive interest rates and flexible repayment terms.

Taking a loan will impact your credit score temporarily, especially during the application process. However, making timely payments can positively affect your score over time.

Typically, you will need your Emirates ID, proof of income, bank statements, and details of the vehicle. Some banks may require additional documents.

Factors include your credit score, the loan amount, the loan term, and the bank's policies. Additionally, the type of vehicle can also influence the rate.

Be aware of the total cost of the loan including interest, any hidden fees, and ensure you can meet the monthly payments comfortably. Also, compare offers from different banks.