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Porsche 911 2020 Carrera 4S 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 26,876

Down Payment

AED 79,760

Total Cost

AED 402,272

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1AED 26,876AED 295,636
2AED 26,876AED 268,760
3AED 26,876AED 241,884
4AED 26,876AED 215,008
5AED 26,876AED 188,132
6AED 26,876AED 161,256
7AED 26,876AED 134,380
8AED 26,876AED 107,504
9AED 26,876AED 80,628
10AED 26,876AED 53,752
11AED 26,876AED 26,876
12AED 26,876AED 0

Monthly Payment Composition

Interest: 290
Principal: 26586

Porsche 911 2020 Carrera 4S Car Loan Calculator FAQs in UAE

In the UAE, you can choose from various loan options including bank financing, dealership financing, and personal loans specifically tailored for car purchases. It's advisable to compare interest rates and terms from different lenders.

To apply for a car loan, you'll need to gather necessary documents such as your Emirates ID, salary certificate, bank statements, and the vehicle details. Then, visit your chosen bank or apply online to fill out the application.

Yes, taking a car loan can affect your credit score. If you make timely payments, it can improve your credit score, but missed or late payments can negatively impact it.

Factors that can affect the interest rate on your car loan include your credit score, the loan amount, the loan term, and the current economic conditions. A higher credit score usually results in a lower interest rate.

Yes, there may be fees associated with taking a car loan, including processing fees, early repayment fees, and insurance costs. Always read the loan agreement carefully to understand all potential fees.