CarteaCar Loan Calculator

Lite Ace 1.5L GL MT 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 *
%
interest rate *
%
Loan Period *
Month
calculate

Calculation Of Loans

Total Car Price-
Down PaymentAED 14,980
  • Monthly PaymentAED 60,020
  • Total CostAED 75,000
  • Loan Period1 Month

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1AED 60,020AED 0

Car Finance Recommendation

Our Partnered Bank

  • In-house Team
  • Low Interset Rate
  • High Approval Rate

Lite Ace 1.5L GL MT Car Loan Calculator FAQs in UAE

  • The car loan process includes applying for the loan through a bank or financial institution, submitting required documents such as proof of income, identity, and vehicle details, and finally getting approval and signing the loan agreement.
  • Yes, taking a loan can impact your credit score. Timely repayments can improve your score, while missed payments can lower it.
  • Consider your monthly budget, interest rates, loan terms, and additional costs such as insurance and maintenance before applying for the loan.
  • Factors include your credit history, the loan amount, the loan tenure, and the current economic conditions.
  • Yes, typically you need to provide proof of income, residency, identification, and details of the vehicle you wish to purchase.

Popular Cars in UAE