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LX600 Prestige 3.5L Car Loan Calculator in UAE

To finance this car, you can first calculate the installment price in UAE

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car price (AED)*

down payment *
%
Loan Period (years) *
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interest rate *
%
calculate

Monthly Payment

AED 34,370

Down Payment

AED 102,000

Total Cost

AED 514,440

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1AED 34,370AED 378,070
2AED 34,370AED 343,700
3AED 34,370AED 309,330
4AED 34,370AED 274,960
5AED 34,370AED 240,590
6AED 34,370AED 206,220
7AED 34,370AED 171,850
8AED 34,370AED 137,480
9AED 34,370AED 103,110
10AED 34,370AED 68,740
11AED 34,370AED 34,370
12AED 34,370AED 0

Monthly Payment Composition

Interest: 370
Principal: 34000

LX600 Prestige 3.5L Car Loan Calculator FAQs in UAE

The car loan process typically involves submitting your income documents, proof of residency, and the vehicle details to the bank. After evaluation, the bank will provide you with a loan offer.

Yes, taking a car loan can impact your credit score. Timely payments can improve your score, while missed payments can lower it.

Be aware of the interest rates, loan terms, and any additional fees. It's also important to check your eligibility and the bank's requirements.

Factors include your credit score, the loan amount, the down payment, and the bank's current interest rates.

Typically, a down payment of 20% to 30% of the car's value is required, but this can vary by bank.