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K8 3.5L GDI LX 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 13,142

Down Payment

AED 39,000

Total Cost

AED 196,704

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1AED 13,142AED 144,562
2AED 13,142AED 131,420
3AED 13,142AED 118,278
4AED 13,142AED 105,136
5AED 13,142AED 91,994
6AED 13,142AED 78,852
7AED 13,142AED 65,710
8AED 13,142AED 52,568
9AED 13,142AED 39,426
10AED 13,142AED 26,284
11AED 13,142AED 13,142
12AED 13,142AED 0

Monthly Payment Composition

Interest: 142
Principal: 13000

K8 3.5L GDI LX Car Loan Calculator FAQs in UAE

The car loan process typically involves choosing a lender, submitting an application, providing necessary documents, and then waiting for approval. Once approved, you can finalize the purchase.

Yes, taking a loan can impact your credit score. If you make payments on time, it can improve your score, but missed payments may lower it.

Consider your credit score, loan interest rates, repayment terms, and the total cost of the loan, including any fees.

Improve your credit score, reduce existing debts, provide a larger down payment, and ensure you have stable income.

Interest rates for car loans in UAE can vary based on the bank and your credit profile, typically ranging from 3% to 6%.