What are the eligibility requirements for a car loan for the Navigator 3.5T Reserve (AWD) in the UAE?

To be eligible for a car loan for the Navigator 3.5T Reserve (AWD) in the UAE, you typically need to be at least 21 years old, have a valid UAE residency, a steady income, and a good credit history.

How does taking a car loan affect my credit score in the UAE?

Taking a car loan can have both positive and negative effects on your credit score. Making timely payments can improve your score, while missed payments can lower it.

What factors affect the interest rate on a car loan in the UAE?

Interest rates on car loans in the UAE can be influenced by factors such as your credit score, the loan amount, the loan term, and the bank's current policies.

What documents are required to apply for a car loan for the Navigator 3.5T Reserve (AWD)?

Commonly required documents include your Emirates ID, salary certificate, bank statements, and proof of residence.

What should I be aware of when financing the Navigator 3.5T Reserve (AWD) in the UAE?

Be aware of the total cost of ownership, including insurance, maintenance, and potential fees. Also, check the loan terms and prepayment penalties.

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Navigator 3.5T Reserve (AWD) Car Loan Calculator in UAE

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

Monthly Payment

AED 28,015

Down Payment

AED 83,139

Total Cost

AED 419,319

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	AED 28,015	AED 308,165
2	AED 28,015	AED 280,150
3	AED 28,015	AED 252,135
4	AED 28,015	AED 224,120
5	AED 28,015	AED 196,105
6	AED 28,015	AED 168,090
7	AED 28,015	AED 140,075
8	AED 28,015	AED 112,060
9	AED 28,015	AED 84,045
10	AED 28,015	AED 56,030
11	AED 28,015	AED 28,015
12	AED 28,015	AED 0

Monthly Payment Composition

Interest: 302

Principal: 27713

Navigator 3.5T Reserve (AWD) Car Loan Calculator FAQs in UAE

To be eligible for a car loan for the Navigator 3.5T Reserve (AWD) in the UAE, you typically need to be at least 21 years old, have a valid UAE residency, a steady income, and a good credit history.
Taking a car loan can have both positive and negative effects on your credit score. Making timely payments can improve your score, while missed payments can lower it.
Interest rates on car loans in the UAE can be influenced by factors such as your credit score, the loan amount, the loan term, and the bank's current policies.
Commonly required documents include your Emirates ID, salary certificate, bank statements, and proof of residence.
Be aware of the total cost of ownership, including insurance, maintenance, and potential fees. Also, check the loan terms and prepayment penalties.