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GLE 63 Premium+ 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 56,670

Down Payment

AED 168,180

Total Cost

AED 848,220

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1AED 56,670AED 623,370
2AED 56,670AED 566,700
3AED 56,670AED 510,030
4AED 56,670AED 453,360
5AED 56,670AED 396,690
6AED 56,670AED 340,020
7AED 56,670AED 283,350
8AED 56,670AED 226,680
9AED 56,670AED 170,010
10AED 56,670AED 113,340
11AED 56,670AED 56,670
12AED 56,670AED 0

Monthly Payment Composition

Interest: 610
Principal: 56060

GLE 63 Premium+ Car Loan Calculator FAQs in UAE

In the UAE, you can typically choose between bank loans, dealership financing, or personal loans. Each option may vary in terms of interest rates and repayment terms.

To apply for a car loan, you will need to provide necessary documents such as proof of income, identification, and details of the vehicle. You can apply online or visit a bank branch.

Yes, taking out a car loan can impact your credit score. Timely payments can improve it, while missed payments can harm it.

Consider the interest rates, loan tenure, your monthly budget, and additional costs like insurance and maintenance before committing to a loan.

Factors such as your credit score, loan amount, loan term, and the current economic conditions can influence your car loan interest rate.