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S60 2.0T B4 MHEV R DESIGN 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 11,120

Down Payment

AED 33,000

Total Cost

AED 166,440

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1AED 11,120AED 122,320
2AED 11,120AED 111,200
3AED 11,120AED 100,080
4AED 11,120AED 88,960
5AED 11,120AED 77,840
6AED 11,120AED 66,720
7AED 11,120AED 55,600
8AED 11,120AED 44,480
9AED 11,120AED 33,360
10AED 11,120AED 22,240
11AED 11,120AED 11,120
12AED 11,120AED 0

Monthly Payment Composition

Interest: 120
Principal: 11000

S60 2.0T B4 MHEV R DESIGN Car Loan Calculator FAQs in UAE

In UAE, you can explore options such as bank loans, dealer financing, and personal loans specifically tailored for car purchases.

Taking a loan can impact your credit score positively if you make timely payments, but missed payments can lower it.

Key factors include interest rates, loan terms, down payment amount, and your overall financial health.

Yes, you should be aware of potential fees such as processing fees, insurance costs, and early repayment penalties.

Factors include your credit score, the loan amount, the term length, and prevailing market interest rates.