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Grand Highlander Platinum 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 12,259

Down Payment

AED 36,380

Total Cost

AED 183,488

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1AED 12,259AED 134,849
2AED 12,259AED 122,590
3AED 12,259AED 110,331
4AED 12,259AED 98,072
5AED 12,259AED 85,813
6AED 12,259AED 73,554
7AED 12,259AED 61,295
8AED 12,259AED 49,036
9AED 12,259AED 36,777
10AED 12,259AED 24,518
11AED 12,259AED 12,259
12AED 12,259AED 0

Monthly Payment Composition

Interest: 133
Principal: 12126

Grand Highlander Platinum Car Loan Calculator FAQs in UAE

The terms and conditions may vary by bank, but generally include a minimum salary requirement, proof of residency, and a down payment of around 20% of the vehicle's price.

You can apply online through the bank's website, visit a bank branch, or use a car dealership that partners with financial institutions to facilitate the loan process.

Yes, taking a car loan will affect your credit score. Timely payments can improve your score, while late payments may lower it.

Be aware of interest rates, loan tenure, any hidden fees, and the total cost of the loan over time. Compare offers from different banks.

Factors include your credit score, income level, loan amount, loan term, and current market conditions.