CarteaCar Loan Calculator

RAM 2500 2019 6.4L Power Wagon 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 19,537

Down Payment

AED 57,980

Total Cost

AED 292,424

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1AED 19,537AED 214,907
2AED 19,537AED 195,370
3AED 19,537AED 175,833
4AED 19,537AED 156,296
5AED 19,537AED 136,759
6AED 19,537AED 117,222
7AED 19,537AED 97,685
8AED 19,537AED 78,148
9AED 19,537AED 58,611
10AED 19,537AED 39,074
11AED 19,537AED 19,537
12AED 19,537AED 0

Monthly Payment Composition

Interest: 211
Principal: 19326

RAM 2500 2019 6.4L Power Wagon Car Loan Calculator FAQs in UAE

  • In the UAE, you can find various financing options including traditional bank loans, dealership financing, and Islamic financing. It's important to compare interest rates and terms to find the best deal.
  • Taking a loan can impact your credit score in the UAE, as it reflects your credit utilization and payment history. Timely payments can improve your score, while missing payments can harm it.
  • Before applying, consider your budget, the total cost of the vehicle, loan terms, interest rates, and your ability to make monthly payments. It's also wise to check your credit report.
  • Factors include your credit score, the length of the loan, the lender's policies, and current market conditions. A higher credit score generally leads to lower interest rates.
  • Yes, you can refinance your loan if you find better terms or lower interest rates. However, ensure that refinancing aligns with your financial goals and that any fees do not outweigh the benefits.