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RAM 1500 2018 Express Crew Cab (Base) 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 7,077

Down Payment

AED 21,000

Total Cost

AED 105,924

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1AED 7,077AED 77,847
2AED 7,077AED 70,770
3AED 7,077AED 63,693
4AED 7,077AED 56,616
5AED 7,077AED 49,539
6AED 7,077AED 42,462
7AED 7,077AED 35,385
8AED 7,077AED 28,308
9AED 7,077AED 21,231
10AED 7,077AED 14,154
11AED 7,077AED 7,077
12AED 7,077AED 0

Monthly Payment Composition

Interest: 77
Principal: 7000

RAM 1500 2018 Express Crew Cab (Base) Car Loan Calculator FAQs in UAE

In the UAE, you can find various loan options from banks and financial institutions, including fixed-rate loans, variable-rate loans, and special promotional offers. It's advisable to compare rates and terms to find the best option.

Financing a vehicle can affect your credit score positively or negatively. Making timely payments can improve your score, while missing payments may lower it. It's essential to manage your loan responsibly.

Typically, you will need to provide proof of identity, proof of income, bank statements, and details about the vehicle you wish to purchase. Some banks may require additional documentation.

The interest rate can be influenced by several factors, including your credit score, the loan amount, the term of the loan, and the policies of the lending institution. A higher credit score usually results in lower interest rates.

Many banks and dealerships offer special promotions, such as lower interest rates, cashback offers, or extended repayment terms. It's advisable to check with various lenders to find the best deals.