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

In the UAE, common loan options include traditional bank loans, Islamic financing options, and dealer financing. It's important to compare interest rates and terms from various lenders.

You can apply for a car loan by visiting a bank or financial institution, or by applying online. You'll need to provide documentation such as your ID, salary certificate, and details of the vehicle.

Yes, taking a car loan can affect your credit score. It may improve your score if you make timely payments, but missing payments can negatively impact your score.

Before applying, consider your budget, the total cost of the car including interest, your credit score, and whether you can afford the monthly payments.

Factors that can affect the loan interest rate include your credit history, loan amount, repayment term, and the lender's policies.