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i3 120 Ah 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 18,870

Down Payment

AED 56,000

Total Cost

AED 282,440

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1AED 18,870AED 207,570
2AED 18,870AED 188,700
3AED 18,870AED 169,830
4AED 18,870AED 150,960
5AED 18,870AED 132,090
6AED 18,870AED 113,220
7AED 18,870AED 94,350
8AED 18,870AED 75,480
9AED 18,870AED 56,610
10AED 18,870AED 37,740
11AED 18,870AED 18,870
12AED 18,870AED 0

Monthly Payment Composition

Interest: 204
Principal: 18666

i3 120 Ah Car Loan Calculator FAQs in UAE

The car loan process typically involves selecting a lender, submitting an application, providing necessary documents, and getting approval. After approval, you can finalize the purchase.

Yes, taking a car loan can impact your credit score. Timely payments can improve it, while missed payments can harm it.

Consider your credit score, loan interest rates, repayment terms, down payment, and total vehicle cost.

Interest rates are determined by factors such as your credit history, the lender’s policies, and market conditions.

You typically need identification, proof of income, bank statements, and details about the vehicle.