CarteaCar Loan Calculator

RAM 1500 2018 Express Regular Cab (Full Option) 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 9,368

Down Payment

AED 27,800

Total Cost

AED 140,216

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1AED 9,368AED 103,048
2AED 9,368AED 93,680
3AED 9,368AED 84,312
4AED 9,368AED 74,944
5AED 9,368AED 65,576
6AED 9,368AED 56,208
7AED 9,368AED 46,840
8AED 9,368AED 37,472
9AED 9,368AED 28,104
10AED 9,368AED 18,736
11AED 9,368AED 9,368
12AED 9,368AED 0

Monthly Payment Composition

Interest: 102
Principal: 9266

RAM 1500 2018 Express Regular Cab (Full Option) Car Loan Calculator FAQs in UAE

To apply for a car loan, you need to choose the vehicle, gather your financial documents, and approach a bank or financial institution in UAE. They will guide you through the application process.

Yes, taking a loan can affect your credit score. Timely payments can improve your score, while missed payments can lower it.

Consider the interest rate, loan term, monthly payments, and any additional fees associated with the loan.

Typically, larger loan amounts may lead to lower interest rates due to less perceived risk by lenders. However, this can vary by lender.

You typically need to provide proof of income, identification documents, bank statements, and details of the vehicle you wish to purchase.