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GX460 Platinum 4.6L 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 20,218

Down Payment

AED 60,000

Total Cost

AED 302,616

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1AED 20,218AED 222,398
2AED 20,218AED 202,180
3AED 20,218AED 181,962
4AED 20,218AED 161,744
5AED 20,218AED 141,526
6AED 20,218AED 121,308
7AED 20,218AED 101,090
8AED 20,218AED 80,872
9AED 20,218AED 60,654
10AED 20,218AED 40,436
11AED 20,218AED 20,218
12AED 20,218AED 0

Monthly Payment Composition

Interest: 218
Principal: 20000

GX460 Platinum 4.6L Car Loan Calculator FAQs in UAE

In the UAE, you can find various loan options from banks and financial institutions, including fixed-rate loans, variable-rate loans, and personal loans tailored for vehicle purchases.

Taking a loan can impact your credit score positively if you make timely payments, but it could also negatively affect it if you miss payments or default.

You typically need to provide a copy of your Emirates ID, salary certificate, bank statements, and proof of residence to apply for a car loan.

Factors affecting the interest rate include your credit score, loan amount, loan tenure, and the lender's policies.

A longer loan term may result in lower monthly payments but could lead to higher total interest paid. Conversely, a shorter loan term typically has higher monthly payments but less overall interest.