HomeCar Loan Calculator

RAM 1500 2022 5.7L Limited Lux (Double Cab) 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 15,494

Down Payment

AED 45,980

Total Cost

AED 231,908

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1AED 15,494AED 170,434
2AED 15,494AED 154,940
3AED 15,494AED 139,446
4AED 15,494AED 123,952
5AED 15,494AED 108,458
6AED 15,494AED 92,964
7AED 15,494AED 77,470
8AED 15,494AED 61,976
9AED 15,494AED 46,482
10AED 15,494AED 30,988
11AED 15,494AED 15,494
12AED 15,494AED 0

Monthly Payment Composition

Interest: 168
Principal: 15326

RAM 1500 2022 5.7L Limited Lux (Double Cab) Car Loan Calculator FAQs in UAE

In UAE, various banks offer auto loans with flexible terms for purchasing the RAM 1500. You can choose between fixed and variable interest rates depending on your financial situation.

You can apply for a car loan by visiting the bank's website or branch, submitting the required documents such as your passport, residency visa, and salary certificate, and filling out the loan application form.

Yes, taking a car loan can affect your credit score. Timely repayments can improve your score, while late payments may negatively impact it.

Be aware of the interest rates, loan tenure, processing fees, and the total cost of the loan. It's important to read the terms and conditions carefully.

Factors that can influence loan interest rates include your credit score, the loan amount, the loan term, and the bank's current lending policies.