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

The main requirements typically include proof of income, residency, a valid UAE ID, and sometimes a credit report. Additionally, the bank may require a down payment.

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

Factors include your credit score, loan amount, loan tenure, and the bank's current interest rates. Economic conditions can also play a role.

Consider your budget, loan terms, interest rates, as well as any additional fees or insurance requirements that might apply.

Yes, many banks allow negotiation on interest rates and loan terms, especially if you have a good credit history.