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 loan process typically involves applying through a bank, providing necessary documentation, and receiving approval based on your financial profile.
  • Yes, taking a loan will affect your credit score, as it will be reflected in your credit history and repayment behavior.
  • Consider your income, existing debts, loan terms, interest rates, and the total cost of ownership of the vehicle.
  • Interest rates can vary widely depending on the bank and your credit profile, typically ranging from 2.99% to 5.5%.
  • Yes, there may be processing fees, early repayment penalties, and insurance costs that can add to the overall loan cost.