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Phantom 6.75L Extended Wheelbase 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 162,750

Down Payment

AED 483,000

Total Cost

AED 2,436,000

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1AED 162,750AED 1,790,250
2AED 162,750AED 1,627,500
3AED 162,750AED 1,464,750
4AED 162,750AED 1,302,000
5AED 162,750AED 1,139,250
6AED 162,750AED 976,500
7AED 162,750AED 813,750
8AED 162,750AED 651,000
9AED 162,750AED 488,250
10AED 162,750AED 325,500
11AED 162,750AED 162,750
12AED 162,750AED 0

Monthly Payment Composition

Interest: 1750
Principal: 161000

Phantom 6.75L Extended Wheelbase Car Loan Calculator FAQs in UAE

The car loan process typically involves applying for a loan through a bank or financial institution, providing necessary documents, and undergoing a credit assessment before finalizing the loan agreement.

Yes, taking out a car loan can impact your credit score. Timely repayments can improve your score, while missed payments can harm it.

Consider factors such as the interest rate, loan term, down payment amount, and your overall financial situation.

Common documents include a valid ID, proof of income, bank statements, and details of the vehicle you wish to purchase.

Factors include your credit score, loan amount, loan term, and the lender's policies.