CarteaCar Loan Calculator

GS8 2.0T GL (4WD) 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 *
%
interest rate *
%
Loan Period *
Month
calculate

Calculation Of Loans

Total Car PriceAED 179,999
Down PaymentAED 36,000
  • Monthly PaymentAED 12,131
  • Total CostAED 181,572
  • Loan Period12 Month

Car Loan Monthly Installments Schedule

Payment ScheduleMonthly PaymentRemaining Amount
1AED 12,131AED 133,441
2AED 12,131AED 121,310
3AED 12,131AED 109,179
4AED 12,131AED 97,048
5AED 12,131AED 84,917
6AED 12,131AED 72,786
7AED 12,131AED 60,655
8AED 12,131AED 48,524
9AED 12,131AED 36,393
10AED 12,131AED 24,262
11AED 12,131AED 12,131
12AED 12,131AED 0

Car Finance Recommendation

Our Partnered Bank

  • In-house Team
  • Low Interset Rate
  • High Approval Rate

GS8 2.0T GL (4WD) Car Loan Calculator FAQs in UAE

  • The interest rate for a car loan in UAE typically ranges from 3% to 5% depending on the bank and your credit profile.
  • You can apply for a car loan online through the bank's website or visit a branch to submit your application directly.
  • Yes, taking a car loan can impact your credit score, especially if you miss payments or default on the loan.
  • You will typically need to provide your ID, salary certificate, bank statements, and details of the vehicle you wish to purchase.
  • Factors include the current market interest rates, economic conditions, and the bank's lending policies.