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Model Y Rear-Wheel Drive Car Loan Calculator in UAE

To finance this car, you can first calculate the installment price in UAE

Monthly Payment

AED 12,804

Down Payment

AED 37,998

Total Cost

AED 191,646

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	AED 12,804	AED 140,844
2	AED 12,804	AED 128,040
3	AED 12,804	AED 115,236
4	AED 12,804	AED 102,432
5	AED 12,804	AED 89,628
6	AED 12,804	AED 76,824
7	AED 12,804	AED 64,020
8	AED 12,804	AED 51,216
9	AED 12,804	AED 38,412
10	AED 12,804	AED 25,608
11	AED 12,804	AED 12,804
12	AED 12,804	AED 0

Monthly Payment Composition

Interest: 138

Principal: 12666

Model Y Rear-Wheel Drive Car Loan Calculator FAQs in UAE

A car loan in the UAE is a financial product offered by banks and financial institutions to help individuals purchase a vehicle by borrowing money, which is paid back in installments over a specified period.

You can apply for a car loan in the UAE by visiting a bank or financial institution, filling out an application form, providing necessary documents such as your ID, salary certificate, and proof of residence.

Yes, taking a car loan can affect your credit score. Timely repayments can improve your score, while missed payments can harm it.

You should be aware of the interest rates, loan tenure, any hidden fees, and the total cost of the loan including the insurance and registration fees.

Factors influencing car loan interest rates in the UAE include the borrower's credit score, the type of vehicle, the loan amount, and the duration of the loan.