What are the loan options available for purchasing a Master 2.3T Chassis Cab (L3H1) in the UAE?

In the UAE, you can find various loan options including bank loans, dealership financing, and personal loans specifically designed for vehicle purchases.

How does taking a loan for a vehicle affect my credit score in the UAE?

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

What are the eligibility criteria for a car loan in the UAE?

Eligibility criteria typically include a minimum age, a steady source of income, residency status, and a good credit history.

What should I consider before applying for a car loan in the UAE?

Consider factors such as interest rates, loan terms, monthly payments, and any additional fees or charges.

What factors can influence the loan interest rates for the Master 2.3T in the UAE?

Interest rates can be influenced by factors such as your credit score, the amount of down payment, the loan tenure, and the lender's policies.

CarteaCar Loan Calculator

Master 2.3T Chassis Cab (L3H1) Car Loan Calculator in UAE

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

Monthly Payment

AED 4,381

Down Payment

AED 13,000

Total Cost

AED 65,572

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	AED 4,381	AED 48,191
2	AED 4,381	AED 43,810
3	AED 4,381	AED 39,429
4	AED 4,381	AED 35,048
5	AED 4,381	AED 30,667
6	AED 4,381	AED 26,286
7	AED 4,381	AED 21,905
8	AED 4,381	AED 17,524
9	AED 4,381	AED 13,143
10	AED 4,381	AED 8,762
11	AED 4,381	AED 4,381
12	AED 4,381	AED 0

Monthly Payment Composition

Interest: 48

Principal: 4333

Master 2.3T Chassis Cab (L3H1) Car Loan Calculator FAQs in UAE

In the UAE, you can find various loan options including bank loans, dealership financing, and personal loans specifically designed for vehicle purchases.
Taking out a loan can impact your credit score positively if you make timely payments, but missed payments can negatively affect it.
Eligibility criteria typically include a minimum age, a steady source of income, residency status, and a good credit history.
Consider factors such as interest rates, loan terms, monthly payments, and any additional fees or charges.
Interest rates can be influenced by factors such as your credit score, the amount of down payment, the loan tenure, and the lender's policies.