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Model S Dual Motor All-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 Price-
Down PaymentAED 74,998
  • Monthly PaymentAED 300,492
  • Total CostAED 375,490
  • Loan Period1 Month

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1AED 300,492AED 0

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Model S Dual Motor All-Wheel Drive Car Loan Calculator FAQs in UAE

  • Typically, you will need to provide proof of income, identification documents, and possibly a credit report. Banks may also require a down payment.
  • Taking a loan can initially lower your credit score due to the hard inquiry, but making timely payments can improve it over time.
  • Interest rates can vary between banks but typically range from 3% to 5% per annum depending on your financial profile.
  • Factors include your credit history, income level, existing debts, and the amount of down payment you can provide.
  • Yes, some banks may charge processing fees, early repayment fees, or insurance costs, so it’s important to read the loan agreement carefully.