HomeCar Loan Calculator

LS500h 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

LS500h Platinum 3.5L Car Loan Calculator FAQs in UAE

To apply for a car loan for the LS500h Platinum 3.5L in the UAE, you typically need a valid UAE residency visa, a steady income proof, a good credit score, and identification documents.

Taking out a car loan can affect your credit score in the UAE positively or negatively, depending on your repayment behavior. Timely payments can improve your score, while missed payments can lower it.

Factors that influence the interest rate on a car loan include your credit score, the loan amount, the loan term, and the lender's policies.

Before taking a car loan, consider your monthly budget, the total cost of the loan (including interest), and whether you can comfortably meet the repayment schedule.

Yes, you can refinance your car loan for the LS500h Platinum 3.5L in the UAE, which may help you secure a lower interest rate or change the loan terms to better suit your needs.