CarteaCar Loan Calculator

Peugeot Expert 2019 Van L3 A/T 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 5,048

Down Payment

AED 14,980

Total Cost

AED 75,556

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1AED 5,048AED 55,528
2AED 5,048AED 50,480
3AED 5,048AED 45,432
4AED 5,048AED 40,384
5AED 5,048AED 35,336
6AED 5,048AED 30,288
7AED 5,048AED 25,240
8AED 5,048AED 20,192
9AED 5,048AED 15,144
10AED 5,048AED 10,096
11AED 5,048AED 5,048
12AED 5,048AED 0

Monthly Payment Composition

Interest: 55
Principal: 4993

Peugeot Expert 2019 Van L3 A/T Car Loan Calculator FAQs in UAE

  • The car loan process typically involves applying for the loan with a bank or financial institution, providing necessary documents, getting approval, and then completing the purchase through a dealership.
  • Yes, taking out a loan can affect your credit score, as it increases your total debt. Timely payments can improve your score, whereas missed payments can lower it.
  • Factors that affect the interest rate include your credit score, the loan amount, the loan term, and the lender's policies.
  • You should be aware of the total cost of the loan, including interest rates and fees, your repayment capacity, and the terms and conditions of the loan.
  • Yes, many banks offer pre-approval for car loans, which can give you an idea of how much you can borrow and the interest rates you may qualify for.