What are the financing options available for purchasing the RAM 1500 2018 SLT Big Horn Regular Cab (Full Option) in the UAE?

In the UAE, you can typically choose between bank loans, dealership financing, or personal loans from various financial institutions for purchasing the RAM 1500.

How does taking a car loan affect my credit score in the UAE?

Taking a car loan can impact your credit score positively if you make timely payments, but missing payments can negatively affect it.

What documents are required to apply for a car loan for the RAM 1500 in the UAE?

You typically need to provide your Emirates ID, salary certificate, bank statements, and proof of residency to apply for a car loan.

What factors can affect the interest rates on my car loan for the RAM 1500 in the UAE?

Interest rates can be influenced by your credit score, the loan amount, the loan term, and the overall economic conditions in the UAE.

Are there any hidden fees associated with obtaining a car loan in the UAE?

Yes, some banks may charge processing fees, insurance costs, or early repayment penalties, so it's important to read the loan agreement carefully.

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RAM 1500 2018 SLT Big Horn Regular Cab (Full Option) Car Loan Calculator in UAE

To finance this car, you can first calculate the installment price in UAE

Monthly Payment

AED 12,030

Down Payment

AED 35,700

Total Cost

AED 180,060

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	AED 12,030	AED 132,330
2	AED 12,030	AED 120,300
3	AED 12,030	AED 108,270
4	AED 12,030	AED 96,240
5	AED 12,030	AED 84,210
6	AED 12,030	AED 72,180
7	AED 12,030	AED 60,150
8	AED 12,030	AED 48,120
9	AED 12,030	AED 36,090
10	AED 12,030	AED 24,060
11	AED 12,030	AED 12,030
12	AED 12,030	AED 0

Monthly Payment Composition

Interest: 130

Principal: 11900

RAM 1500 2018 SLT Big Horn Regular Cab (Full Option) Car Loan Calculator FAQs in UAE

In the UAE, you can typically choose between bank loans, dealership financing, or personal loans from various financial institutions for purchasing the RAM 1500.
Taking a car loan can impact your credit score positively if you make timely payments, but missing payments can negatively affect it.
You typically need to provide your Emirates ID, salary certificate, bank statements, and proof of residency to apply for a car loan.
Interest rates can be influenced by your credit score, the loan amount, the loan term, and the overall economic conditions in the UAE.
Yes, some banks may charge processing fees, insurance costs, or early repayment penalties, so it's important to read the loan agreement carefully.