HomeCar Loan Calculator

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

In UAE, you can choose from various loan options such as secured loans, unsecured loans, and auto loans specifically designed for vehicle purchases. Each bank may offer different terms and interest rates.

To apply for a car loan, you typically need to visit a bank or financial institution, submit the required documents such as proof of income, identification, and details of the vehicle. Some banks also offer online applications.

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

Factors that influence the interest rate include your credit score, loan amount, loan term, and the current market rates. Additionally, the bank's policies may also play a role.

Before finalizing a car loan, ensure you understand the total cost including interest, fees, and insurance requirements. Read the terms and conditions carefully and compare offers from different lenders.