CarteaCar Loan Calculator

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 *
%
interest rate *
%
Loan Period *
Month
calculate

Calculation Of Loans

Total Car Price-
Down Payment-
  • Monthly Payment-
  • Total Cost-
  • Loan Period-

Car Loan Calculator FAQs in UAE

  • The car loan process typically involves applying for a loan from a bank or financial institution, submitting necessary documents, and receiving approval based on your creditworthiness and income.
  • Yes, taking a car loan can affect your credit score. Timely repayments can improve your score, while missed payments can harm it.
  • Consider the interest rate, loan tenure, monthly installment, and any additional fees or insurance requirements before finalizing your loan.
  • Interest rates for car loans in the UAE can range from 3% to 7%, depending on the bank and the borrower's credit profile.
  • Typically, you will need a valid ID, proof of income, bank statements, and details of the vehicle you wish to purchase.