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Macan Std 2.0L (260 HP) 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 *
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calculate

Monthly Payment

AED 18,297

Down Payment

AED 54,300

Total Cost

AED 273,864

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1AED 18,297AED 201,267
2AED 18,297AED 182,970
3AED 18,297AED 164,673
4AED 18,297AED 146,376
5AED 18,297AED 128,079
6AED 18,297AED 109,782
7AED 18,297AED 91,485
8AED 18,297AED 73,188
9AED 18,297AED 54,891
10AED 18,297AED 36,594
11AED 18,297AED 18,297
12AED 18,297AED 0

Monthly Payment Composition

Interest: 197
Principal: 18100

Macan Std 2.0L (260 HP) Car Loan Calculator FAQs in UAE

To be eligible for a car loan in the UAE, you typically need to be at least 21 years old, have a stable income, and provide necessary documents such as your Emirates ID, salary certificate, and bank statements.

Taking a loan can impact your credit score positively if you make timely payments. However, missing payments can negatively affect your score, making it harder to obtain future loans.

You will typically need to provide your Emirates ID, proof of income (salary certificate), bank statements, and sometimes a copy of the vehicle's purchase agreement.

The interest rate on your car loan can be affected by factors such as your credit score, loan amount, loan tenure, and the bank's prevailing rates.

It depends on your personal preference. Banks may offer lower interest rates, while dealerships can provide convenience and promotions. It's important to compare offers from both.