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Model Y Performance 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 *
%
Loan Period (years) *
Y
interest rate *
%
calculate

Monthly Payment

AED 16,511

Down Payment

AED 48,998

Total Cost

AED 247,130

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1AED 16,511AED 181,621
2AED 16,511AED 165,110
3AED 16,511AED 148,599
4AED 16,511AED 132,088
5AED 16,511AED 115,577
6AED 16,511AED 99,066
7AED 16,511AED 82,555
8AED 16,511AED 66,044
9AED 16,511AED 49,533
10AED 16,511AED 33,022
11AED 16,511AED 16,511
12AED 16,511AED 0

Monthly Payment Composition

Interest: 179
Principal: 16332

Model Y Performance All-Wheel Drive Car Loan Calculator FAQs in UAE

The common loan options in the UAE include bank loans, dealership financing, and personal loans. Each has different terms, interest rates, and conditions.

Taking a loan can impact your credit score positively or negatively, depending on your repayment history. Timely repayments can improve your score, while missed payments can harm it.

Consider interest rates, loan tenure, down payment requirements, and your overall financial situation. Also, check for any hidden fees or charges.

Yes, common documents include a valid ID, proof of income, bank statements, and a quotation for the vehicle from the dealership.

Interest rates are influenced by factors such as the central bank's rate, your credit score, the loan amount, and the duration of the loan.