HomeCar Loan Calculator

RX8 2.0T LUX (AWD) Car Loan Calculator in UAE

To finance this car, you can first calculate the installment price in UAE

Monthly Payment

AED 8,020

Down Payment

AED 23,800

Total Cost

AED 120,040

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	AED 8,020	AED 88,220
2	AED 8,020	AED 80,200
3	AED 8,020	AED 72,180
4	AED 8,020	AED 64,160
5	AED 8,020	AED 56,140
6	AED 8,020	AED 48,120
7	AED 8,020	AED 40,100
8	AED 8,020	AED 32,080
9	AED 8,020	AED 24,060
10	AED 8,020	AED 16,040
11	AED 8,020	AED 8,020
12	AED 8,020	AED 0

Monthly Payment Composition

Interest: 87

Principal: 7933

RX8 2.0T LUX (AWD) Car Loan Calculator FAQs in UAE

The car loan process typically involves choosing the vehicle, applying for a loan with a bank or financial institution, providing necessary documentation, and awaiting approval before finalizing the purchase.

Taking a loan can impact your credit score, as it adds to your credit utilization ratio. Timely payments can improve your score, while missed payments can harm it.

Consider your credit score, the loan interest rate, the loan term, your monthly budget, and any additional fees or insurance requirements.

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

Yes, additional costs may include processing fees, insurance premiums, and possible early repayment fees. It's important to ask your lender about all fees upfront.