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LS 500 Platinum 3.5L 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 30,663

Down Payment

AED 91,000

Total Cost

AED 458,956

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1AED 30,663AED 337,293
2AED 30,663AED 306,630
3AED 30,663AED 275,967
4AED 30,663AED 245,304
5AED 30,663AED 214,641
6AED 30,663AED 183,978
7AED 30,663AED 153,315
8AED 30,663AED 122,652
9AED 30,663AED 91,989
10AED 30,663AED 61,326
11AED 30,663AED 30,663
12AED 30,663AED 0

Monthly Payment Composition

Interest: 330
Principal: 30333

LS 500 Platinum 3.5L Car Loan Calculator FAQs in UAE

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

Taking a car loan can affect your credit score positively or negatively. Timely payments can improve your score, while missed payments can lower it.

Typically, you will need to provide your Emirates ID, salary certificate, bank statements, and proof of residence.

Factors affecting interest rates include your credit score, loan amount, loan term, and the lender’s policies.

Yes, some lenders may charge processing fees, documentation fees, or early repayment penalties. It's important to read the loan agreement carefully.