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Grand Cherokee 3.6L Limited 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 11,450

Down Payment

AED 33,980

Total Cost

AED 171,380

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1AED 11,450AED 125,950
2AED 11,450AED 114,500
3AED 11,450AED 103,050
4AED 11,450AED 91,600
5AED 11,450AED 80,150
6AED 11,450AED 68,700
7AED 11,450AED 57,250
8AED 11,450AED 45,800
9AED 11,450AED 34,350
10AED 11,450AED 22,900
11AED 11,450AED 11,450
12AED 11,450AED 0

Monthly Payment Composition

Interest: 124
Principal: 11326

Grand Cherokee 3.6L Limited Car Loan Calculator FAQs in UAE

In the UAE, you can choose from various loan options including bank loans, dealership financing, and personal loans with interest rates ranging from 3% to 6%.

Taking out a loan can impact your credit score positively if you make timely payments, but missed payments can negatively affect it.

You'll typically need to provide identification, proof of income, bank statements, and details about the vehicle you want to purchase.

Consider your total budget, loan terms, interest rates, and any additional fees associated with the loan.

Factors include your credit score, the loan amount, the term length, and the bank's policies.