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M8 GX 2025 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 11,752

Down Payment

AED 34,877

Total Cost

AED 175,901

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1AED 11,752AED 129,272
2AED 11,752AED 117,520
3AED 11,752AED 105,768
4AED 11,752AED 94,016
5AED 11,752AED 82,264
6AED 11,752AED 70,512
7AED 11,752AED 58,760
8AED 11,752AED 47,008
9AED 11,752AED 35,256
10AED 11,752AED 23,504
11AED 11,752AED 11,752
12AED 11,752AED 0

Monthly Payment Composition

Interest: 127
Principal: 11625

M8 GX 2025 Car Loan Calculator FAQs in UAE

To obtain a loan for the M8 GX 2025 in the UAE, you typically need to provide proof of income, residency, a valid Emirates ID, and a good credit history.

Taking a car loan can impact your credit score positively if you make timely payments, but missed payments can negatively affect it.

The typical interest rate for a car loan in the UAE can range from 3% to 5% depending on the bank and your credit profile.

Factors that can affect loan approval include your credit score, monthly income, existing debt obligations, and employment stability.

Yes, there may be additional fees such as processing fees, insurance costs, and registration fees that you should consider when applying for a loan.