CarteaCar Loan Calculator

RAM 1500 2018 Limited Crew Cab 5.7L 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 13,816

Down Payment

AED 41,000

Total Cost

AED 206,792

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1AED 13,816AED 151,976
2AED 13,816AED 138,160
3AED 13,816AED 124,344
4AED 13,816AED 110,528
5AED 13,816AED 96,712
6AED 13,816AED 82,896
7AED 13,816AED 69,080
8AED 13,816AED 55,264
9AED 13,816AED 41,448
10AED 13,816AED 27,632
11AED 13,816AED 13,816
12AED 13,816AED 0

Monthly Payment Composition

Interest: 150
Principal: 13666

RAM 1500 2018 Limited Crew Cab 5.7L Car Loan Calculator FAQs in UAE

In the UAE, you can choose from various financing options such as bank loans, dealership financing, and personal loans. It is advisable to compare interest rates and terms from different lenders.

Taking a loan can impact your credit score positively or negatively depending on your repayment behavior. Timely payments can improve your score, while missed payments can harm it.

Consider the interest rates, loan terms, your budget, and whether you can afford the monthly payments. Additionally, check your credit history and ensure you have the necessary documents.

Factors include your credit score, loan amount, loan term, and current market conditions. Lenders may also consider your income and employment stability.

It depends on your situation. Bank loans may offer lower interest rates, while dealer financing may provide more convenience. Compare both options to determine which is best for you.