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Jeep Compass 2020 2.4L Longitude (4x4) 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 6,059

Down Payment

AED 17,980

Total Cost

AED 90,688

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1AED 6,059AED 66,649
2AED 6,059AED 60,590
3AED 6,059AED 54,531
4AED 6,059AED 48,472
5AED 6,059AED 42,413
6AED 6,059AED 36,354
7AED 6,059AED 30,295
8AED 6,059AED 24,236
9AED 6,059AED 18,177
10AED 6,059AED 12,118
11AED 6,059AED 6,059
12AED 6,059AED 0

Monthly Payment Composition

Interest: 66
Principal: 5993

Jeep Compass 2020 2.4L Longitude (4x4) Car Loan Calculator FAQs in UAE

In the UAE, you can choose from various financing options such as bank loans, dealership financing, or personal loans. Each option has different interest rates and repayment terms.

You can apply for a car loan by visiting a bank or financial institution, or through their online platforms. You will need to provide documents such as your ID, salary certificate, and other financial statements.

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

Consider factors such as the interest rate, loan tenure, monthly installments, and your overall financial situation before committing to a car loan.

Factors influencing the loan interest rate include your credit score, the loan amount, the loan term, and the bank's current policies.