

Model 3 Rear Wheel Drive Car Loan Calculator in UAE
To finance this car, you can first calculate the installment price in UAE
Monthly Payment
AED 12,130
Down Payment
AED 35,998
Total Cost
AED 181,558
Car Loan Monthly Installments Schedule
Repayment Schedule | Monthly Repayment | Remaining repayment amount |
---|---|---|
1 | AED 12,130 | AED 133,430 |
2 | AED 12,130 | AED 121,300 |
3 | AED 12,130 | AED 109,170 |
4 | AED 12,130 | AED 97,040 |
5 | AED 12,130 | AED 84,910 |
6 | AED 12,130 | AED 72,780 |
7 | AED 12,130 | AED 60,650 |
8 | AED 12,130 | AED 48,520 |
9 | AED 12,130 | AED 36,390 |
10 | AED 12,130 | AED 24,260 |
11 | AED 12,130 | AED 12,130 |
12 | AED 12,130 | AED 0 |
Monthly Payment Composition
Interest: 131
Principal: 11999
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.
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