CarteaCar Loan Calculator

Model Y 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 189,990
Down PaymentAED 37,998
  • Monthly PaymentAED 12,804
  • Total CostAED 191,646
  • Loan Period12 Month

Car Loan Monthly Installments Schedule

Payment ScheduleMonthly PaymentRemaining Amount
1AED 12,804AED 140,844
2AED 12,804AED 128,040
3AED 12,804AED 115,236
4AED 12,804AED 102,432
5AED 12,804AED 89,628
6AED 12,804AED 76,824
7AED 12,804AED 64,020
8AED 12,804AED 51,216
9AED 12,804AED 38,412
10AED 12,804AED 25,608
11AED 12,804AED 12,804
12AED 12,804AED 0

Car Finance Recommendation

Our Partnered Bank

  • In-house Team
  • Low Interset Rate
  • High Approval Rate

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

  • In the UAE, you can choose from various loan options such as fixed-rate loans, variable-rate loans, and Islamic financing options tailored for vehicle purchases.
  • To apply for a car loan, you typically need to provide your identification, proof of income, bank statements, and details about the vehicle. You can apply through banks or financial institutions in the UAE.
  • Yes, taking a car loan can affect your credit score. Timely repayments can improve your score, while missed payments can lower it.
  • Be aware of the loan terms, interest rates, fees, and the total cost of the loan. Ensure you read the fine print and understand all conditions.
  • Factors influencing the interest rate include your credit score, loan amount, loan term, and the current market conditions.