What are the loan options available for purchasing a Patrol SE Platinum City 3.8L in the UAE?

In the UAE, you can choose from various loan options such as fixed-rate loans, variable-rate loans, and Islamic financing options. It's best to compare different banks to find the most suitable terms.

How do I apply for a car loan for the Patrol SE Platinum City 3.8L?

To apply for a car loan, you need to gather required documents such as your Emirates ID, salary certificate, bank statements, and vehicle details. You can apply online or visit a bank branch.

Will taking out a loan affect my credit score?

Yes, taking out a loan can impact your credit score. If you make timely payments, it can improve your score, but missing payments can lower it.

What should I consider when applying for a car loan?

Consider the interest rates, loan terms, monthly payments, and any additional fees. It’s important to ensure that the loan fits your budget.

What factors influence the loan interest rates?

Loan interest rates are influenced by factors such as the central bank's rates, your credit score, the loan amount, and the term length.

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Patrol SE Platinum City 3.8L Car Loan Calculator in UAE

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

Monthly Payment

AED 21,424

Down Payment

AED 63,580

Total Cost

AED 320,668

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	AED 21,424	AED 235,664
2	AED 21,424	AED 214,240
3	AED 21,424	AED 192,816
4	AED 21,424	AED 171,392
5	AED 21,424	AED 149,968
6	AED 21,424	AED 128,544
7	AED 21,424	AED 107,120
8	AED 21,424	AED 85,696
9	AED 21,424	AED 64,272
10	AED 21,424	AED 42,848
11	AED 21,424	AED 21,424
12	AED 21,424	AED 0

Monthly Payment Composition

Interest: 231

Principal: 21193

Patrol SE Platinum City 3.8L 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. It's best to compare different banks to find the most suitable terms.
To apply for a car loan, you need to gather required documents such as your Emirates ID, salary certificate, bank statements, and vehicle details. You can apply online or visit a bank branch.
Yes, taking out a loan can impact your credit score. If you make timely payments, it can improve your score, but missing payments can lower it.
Consider the interest rates, loan terms, monthly payments, and any additional fees. It’s important to ensure that the loan fits your budget.
Loan interest rates are influenced by factors such as the central bank's rates, your credit score, the loan amount, and the term length.