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Jeep Grand Cherokee 2018 5.7L Overland Car Loan Calculator in UAE

To finance this car, you can first calculate the installment price in UAE

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car price (AED)*

down payment *
%
Loan Period (years) *
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interest rate *
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calculate

Monthly Payment

AED 12,670

Down Payment

AED 37,600

Total Cost

AED 189,640

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1AED 12,670AED 139,370
2AED 12,670AED 126,700
3AED 12,670AED 114,030
4AED 12,670AED 101,360
5AED 12,670AED 88,690
6AED 12,670AED 76,020
7AED 12,670AED 63,350
8AED 12,670AED 50,680
9AED 12,670AED 38,010
10AED 12,670AED 25,340
11AED 12,670AED 12,670
12AED 12,670AED 0

Monthly Payment Composition

Interest: 137
Principal: 12533

Jeep Grand Cherokee 2018 5.7L Overland Car Loan Calculator FAQs in UAE

In the UAE, you can opt for secured loans, which are backed by the vehicle itself, or unsecured loans that may have higher interest rates. Most banks offer competitive financing packages for new and used cars.

Taking a car loan can impact your credit score positively or negatively. Timely payments can improve your score, while missed payments can lower it. It’s important to maintain a good repayment history.

Typically, you'll need your Emirates ID, salary certificate, bank statements, and the vehicle's details. Some banks may also require additional documentation based on their policies.

Interest rates can be influenced by your credit score, the loan amount, the loan tenure, and the current economic conditions. Banks may offer lower rates for borrowers with high credit scores.

Yes, additional fees may include processing fees, insurance costs, and early repayment penalties. It’s advisable to inquire about all potential charges when applying for a loan.