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GLB AMG 35 4MATIC 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 22,300

Down Payment

AED 66,180

Total Cost

AED 333,780

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1AED 22,300AED 245,300
2AED 22,300AED 223,000
3AED 22,300AED 200,700
4AED 22,300AED 178,400
5AED 22,300AED 156,100
6AED 22,300AED 133,800
7AED 22,300AED 111,500
8AED 22,300AED 89,200
9AED 22,300AED 66,900
10AED 22,300AED 44,600
11AED 22,300AED 22,300
12AED 22,300AED 0

Monthly Payment Composition

Interest: 240
Principal: 22060

GLB AMG 35 4MATIC Car Loan Calculator FAQs in UAE

In the UAE, you can choose from various financing options including bank loans, dealer financing, and personal loans. It's advisable to compare interest rates and terms from different lenders.

Taking a loan can affect your credit score. If you make timely payments, it can improve your score, but missed payments can negatively impact it.

Typically, you will need to provide proof of income, identification, residency documents, and details of the car you wish to purchase.

Interest rates can be influenced by factors such as your credit score, the loan amount, loan tenure, and the lender's policies.

Some lenders may impose prepayment penalties, while others may not. It's essential to check the loan agreement for any such terms before signing.