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Porsche 911 2019 Targa 4 GTS 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 29,017

Down Payment

AED 86,114

Total Cost

AED 434,318

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1AED 29,017AED 319,187
2AED 29,017AED 290,170
3AED 29,017AED 261,153
4AED 29,017AED 232,136
5AED 29,017AED 203,119
6AED 29,017AED 174,102
7AED 29,017AED 145,085
8AED 29,017AED 116,068
9AED 29,017AED 87,051
10AED 29,017AED 58,034
11AED 29,017AED 29,017
12AED 29,017AED 0

Monthly Payment Composition

Interest: 313
Principal: 28704

Porsche 911 2019 Targa 4 GTS Car Loan Calculator FAQs in UAE

  • Interest rates for car loans in the UAE typically range from 2.5% to 4.5%, depending on the bank and the borrower's credit profile.
  • The processing time for a car loan application can vary, but it generally takes between 24 to 48 hours if all documents are in order.
  • Yes, taking a loan can affect your credit score. Timely payments can improve your score, while missed payments can lower it.
  • You will typically need your passport, residency visa, salary certificate, bank statements, and vehicle purchase invoice.
  • Factors affecting loan approval include your credit score, income stability, existing debts, and the loan amount requested.