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RAM 1500 2018 SLT Crew 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 11,390

Down Payment

AED 33,800

Total Cost

AED 170,480

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1AED 11,390AED 125,290
2AED 11,390AED 113,900
3AED 11,390AED 102,510
4AED 11,390AED 91,120
5AED 11,390AED 79,730
6AED 11,390AED 68,340
7AED 11,390AED 56,950
8AED 11,390AED 45,560
9AED 11,390AED 34,170
10AED 11,390AED 22,780
11AED 11,390AED 11,390
12AED 11,390AED 0

Monthly Payment Composition

Interest: 124
Principal: 11266

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

In the UAE, you can choose from various financing options such as bank loans, dealership financing, or personal loans. It's essential to compare interest rates and terms offered by different lenders.

Taking a loan can impact your credit score positively if you make timely payments, but it can also lower your score if you miss payments or default. Always ensure you can afford the monthly payments.

To apply for a car loan, you typically need your Emirates ID, proof of income, bank statements, and the vehicle's registration details. Some lenders may require additional documents.

Factors that influence your interest rate include your credit score, loan amount, loan term, and the lender's policies. A higher credit score usually leads to lower interest rates.

Be cautious about the total cost of the loan, including interest and fees. Also, read the terms and conditions carefully to avoid hidden charges and ensure you understand your repayment obligations.