CarteaCar Loan Calculator

Peugeot 5008 2018 1.6T GT Line 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 *
%
Loan Period (years) *
Y
interest rate *
%
calculate

Monthly Payment

AED 9,098

Down Payment

AED 27,000

Total Cost

AED 136,176

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1AED 9,098AED 100,078
2AED 9,098AED 90,980
3AED 9,098AED 81,882
4AED 9,098AED 72,784
5AED 9,098AED 63,686
6AED 9,098AED 54,588
7AED 9,098AED 45,490
8AED 9,098AED 36,392
9AED 9,098AED 27,294
10AED 9,098AED 18,196
11AED 9,098AED 9,098
12AED 9,098AED 0

Monthly Payment Composition

Interest: 98
Principal: 9000

Peugeot 5008 2018 1.6T GT Line Car Loan Calculator FAQs in UAE

In the UAE, you can choose from various loan options such as conventional car loans, Islamic car finance, and personal loans. Each option has different terms, interest rates, and eligibility criteria.

Taking a car loan can impact your credit score positively or negatively. Making timely payments can improve your score, while missed payments can lower it. It's important to manage your loan responsibly.

Before applying for a car loan, consider factors such as your monthly budget, the total cost of the vehicle, interest rates, loan tenure, and whether you have a down payment.

Factors affecting the interest rate on your car loan include your credit score, the loan amount, the loan term, and the lender's policies. A higher credit score often results in lower interest rates.

Yes, you can refinance your car loan if you find better interest rates or wish to change the loan terms. It can help reduce your monthly payments or overall loan cost.