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Mustang DARK HORSE 5.0 (500HP) A/T Car Loan Calculator in UAE

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

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car price (AED)*

down payment *
%
Loan Period (years) *
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interest rate *
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calculate

Monthly Payment

AED 17,185

Down Payment

AED 51,000

Total Cost

AED 257,220

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1AED 17,185AED 189,035
2AED 17,185AED 171,850
3AED 17,185AED 154,665
4AED 17,185AED 137,480
5AED 17,185AED 120,295
6AED 17,185AED 103,110
7AED 17,185AED 85,925
8AED 17,185AED 68,740
9AED 17,185AED 51,555
10AED 17,185AED 34,370
11AED 17,185AED 17,185
12AED 17,185AED 0

Monthly Payment Composition

Interest: 185
Principal: 17000

Mustang DARK HORSE 5.0 (500HP) A/T Car Loan Calculator FAQs in UAE

You need to apply at a bank or financial institution, provide necessary documents such as proof of income, residency, and vehicle details, and meet their eligibility criteria.

Yes, taking out a loan will impact your credit score; timely payments can improve it, while missed payments can lower it.

Consider the interest rates, loan tenure, down payment requirements, monthly installments, and any additional fees.

If your loan is in a foreign currency, fluctuations in exchange rates can affect your repayment amount in AED.

Typically, you will need your Emirates ID, proof of income, bank statements, and vehicle registration details.