LC500 Convertible Titanium 5.0L Car Loan Calculator in UAE
To finance this car, you can first calculate the installment price in UAE
Monthly Payment
AED 33,359
Down Payment
AED 99,000
Total Cost
AED 499,308
Car Loan Monthly Installments Schedule
| Repayment Schedule | Monthly Repayment | Remaining repayment amount |
|---|---|---|
| 1 | AED 33,359 | AED 366,949 |
| 2 | AED 33,359 | AED 333,590 |
| 3 | AED 33,359 | AED 300,231 |
| 4 | AED 33,359 | AED 266,872 |
| 5 | AED 33,359 | AED 233,513 |
| 6 | AED 33,359 | AED 200,154 |
| 7 | AED 33,359 | AED 166,795 |
| 8 | AED 33,359 | AED 133,436 |
| 9 | AED 33,359 | AED 100,077 |
| 10 | AED 33,359 | AED 66,718 |
| 11 | AED 33,359 | AED 33,359 |
| 12 | AED 33,359 | AED 0 |
Monthly Payment Composition
Interest: 359
Principal: 33000
LC500 Convertible Titanium 5.0L Car Loan Calculator FAQs in UAE
To apply for a car loan in UAE, you typically need to provide proof of income, identification documents, and details of the vehicle you intend to purchase.
Taking a car loan can affect your credit score positively if you make timely payments, but missing payments can lower your score.
The interest rate for car loans in UAE usually ranges from 3% to 6%, depending on the bank and your credit profile.
Factors that can affect loan approval include your credit history, income level, employment status, and debt-to-income ratio.
Yes, there may be additional fees such as processing fees, insurance costs, and registration fees that you should consider when applying for a car loan.
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