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RAM 1500 2018 Sport Crew Cab Car Loan Calculator in UAE

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

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car price (AED)*

down payment *
%
Loan Period (years) *
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interest rate *
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calculate

Monthly Payment

AED 12,030

Down Payment

AED 35,700

Total Cost

AED 180,060

Car Loan Monthly Installments Schedule

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

Monthly Payment Composition

Interest: 130
Principal: 11900

RAM 1500 2018 Sport Crew Cab Car Loan Calculator FAQs in UAE

The loan process typically involves choosing a bank, submitting necessary documents, applying for the loan, and awaiting approval, followed by signing the agreement and receiving the funds.

Yes, taking out a loan can affect your credit score. If you make timely payments, it can improve your score, but missed payments can lower it.

Consider your financial situation, monthly budget, interest rates, loan tenure, and potential additional costs such as insurance and maintenance.

Factors include your credit score, the loan amount, the loan term, the bank's policies, and the current economic conditions.

Yes, you can refinance your loan later to potentially get a better interest rate or different loan terms.