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G50 Plus Executive Luxury Car Loan Calculator in UAE

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

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car price (AED)*

down payment *
%
Loan Period (years) *
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interest rate *
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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 Plus Executive Luxury Car Loan Calculator FAQs in UAE

To be eligible for a car loan in the UAE, you typically need to be at least 21 years old, have a valid UAE residency visa, a stable income, and a good credit history.

Taking a car loan can impact your credit score positively if you make timely payments. However, missing payments can negatively affect your credit score.

Typically, you will need your Emirates ID, salary certificate, bank statements, and a copy of the vehicle's registration to apply for a car loan.

Factors that can affect your car loan interest rate include your credit score, loan amount, loan tenure, and the lender's policies.

It depends on your personal circumstances. Banks may offer lower interest rates, while dealerships may provide easier approval processes. Compare both options before deciding.