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Grenadier QuarterMaster 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 23,250

Down Payment

AED 69,000

Total Cost

AED 348,000

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1AED 23,250AED 255,750
2AED 23,250AED 232,500
3AED 23,250AED 209,250
4AED 23,250AED 186,000
5AED 23,250AED 162,750
6AED 23,250AED 139,500
7AED 23,250AED 116,250
8AED 23,250AED 93,000
9AED 23,250AED 69,750
10AED 23,250AED 46,500
11AED 23,250AED 23,250
12AED 23,250AED 0

Monthly Payment Composition

Interest: 250
Principal: 23000

Grenadier QuarterMaster Car Loan Calculator FAQs in UAE

The car loan for the Grenadier QuarterMaster in the UAE is a financing option provided by banks or financial institutions that allows you to purchase the vehicle while paying in installments over a specific period.

You can apply for a car loan by visiting a bank or financial institution's website, filling out the application form, and submitting the required documents such as proof of income and identification.

Yes, taking a car loan can affect your credit score. If you make timely payments, it can improve your score, but missing payments can have a negative impact.

You should be aware of the interest rates, loan tenure, processing fees, and the total cost of the loan, as these factors can significantly impact your financial commitment.

Factors that can influence the loan interest rate include your credit score, the loan amount, the term of the loan, and the current market rates set by the central bank.