CarteaCar Loan Calculator

Model 3 Rear Wheel Drive 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 *
%
interest rate *
%
Loan Period *
Month
calculate

Calculation Of Loans

Total Car PriceAED 179,990
Down PaymentAED 35,998
  • Monthly PaymentAED 12,130
  • Total CostAED 181,558
  • Loan Period12 Month

Car Loan Monthly Installments Schedule

Payment ScheduleMonthly PaymentRemaining Amount
1AED 12,130AED 133,430
2AED 12,130AED 121,300
3AED 12,130AED 109,170
4AED 12,130AED 97,040
5AED 12,130AED 84,910
6AED 12,130AED 72,780
7AED 12,130AED 60,650
8AED 12,130AED 48,520
9AED 12,130AED 36,390
10AED 12,130AED 24,260
11AED 12,130AED 12,130
12AED 12,130AED 0

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Model 3 Rear Wheel Drive Car Loan Calculator FAQs in UAE

  • The car loan process typically involves applying for a loan from a bank or financial institution, providing necessary documents, and getting approval based on your credit score and income.
  • Taking a car loan can impact your credit score positively if you make timely payments, but missed payments can lower your score.
  • Consider the loan interest rate, loan tenure, your monthly budget, and the total cost of the vehicle including insurance and registration.
  • You typically need your Emirates ID, proof of income, bank statements, and details of the vehicle you wish to purchase.
  • Interest rates for car loans in UAE generally range from 3% to 5% depending on the lender and your credit profile.