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Maxima 3.5L SV 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 9,806

Down Payment

AED 29,100

Total Cost

AED 146,772

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1AED 9,806AED 107,866
2AED 9,806AED 98,060
3AED 9,806AED 88,254
4AED 9,806AED 78,448
5AED 9,806AED 68,642
6AED 9,806AED 58,836
7AED 9,806AED 49,030
8AED 9,806AED 39,224
9AED 9,806AED 29,418
10AED 9,806AED 19,612
11AED 9,806AED 9,806
12AED 9,806AED 0

Monthly Payment Composition

Interest: 106
Principal: 9700

Maxima 3.5L SV Car Loan Calculator FAQs in UAE

In UAE, you can choose from various financing options such as bank loans, dealership financing, and personal loans. Each option has different interest rates and terms.

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

Typically, you will need proof of income, identification, residency proof, and details of the vehicle you wish to purchase.

Factors include your credit score, loan amount, loan term, and the lender's policies. Economic conditions can also play a role.

Financing through a bank often offers lower interest rates, while dealership financing can be more convenient. It's best to compare both options.