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GLB 250 4MATIC 2.0L 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 21,289

Down Payment

AED 63,180

Total Cost

AED 318,648

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1AED 21,289AED 234,179
2AED 21,289AED 212,890
3AED 21,289AED 191,601
4AED 21,289AED 170,312
5AED 21,289AED 149,023
6AED 21,289AED 127,734
7AED 21,289AED 106,445
8AED 21,289AED 85,156
9AED 21,289AED 63,867
10AED 21,289AED 42,578
11AED 21,289AED 21,289
12AED 21,289AED 0

Monthly Payment Composition

Interest: 229
Principal: 21060

GLB 250 4MATIC 2.0L Car Loan Calculator FAQs in UAE

The loan process typically involves selecting a bank, submitting required documents, and completing an application. Once approved, you will receive the loan amount to pay for the car.

Yes, applying for a loan can affect your credit score. Lenders will perform a credit inquiry, which may temporarily lower your score.

Consider the interest rates, loan terms, your income, and existing debts. Additionally, check if there are any hidden fees.

Interest rates vary by bank and can range from 2.99% to 5.99%. It’s best to shop around and compare offers.

If your loan is in a foreign currency, fluctuations in the exchange rate can affect your repayments. It’s important to consider this when borrowing.