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RAM 1500 TRX 2021 6.2L V8 (702 HP) 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) *
Y
interest rate *
%
calculate

Monthly Payment

AED 25,609

Down Payment

AED 76,000

Total Cost

AED 383,308

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1AED 25,609AED 281,699
2AED 25,609AED 256,090
3AED 25,609AED 230,481
4AED 25,609AED 204,872
5AED 25,609AED 179,263
6AED 25,609AED 153,654
7AED 25,609AED 128,045
8AED 25,609AED 102,436
9AED 25,609AED 76,827
10AED 25,609AED 51,218
11AED 25,609AED 25,609
12AED 25,609AED 0

Monthly Payment Composition

Interest: 276
Principal: 25333

RAM 1500 TRX 2021 6.2L V8 (702 HP) Car Loan Calculator FAQs in UAE

The loan process typically involves submitting your application to a bank, providing necessary documents such as proof of income, and then waiting for approval. After approval, you will finalize the loan agreement and make your purchase.

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

Consider your credit score, the loan interest rates, loan term, monthly payments, and any additional fees that may apply.

Interest rates for car loans in the UAE typically range from 3% to 6% depending on the bank and your credit profile.

If your loan is in a currency different from your income, fluctuations in the exchange rate can affect your repayment amounts. It's essential to consider this when taking a loan.