HomeCar Loan Calculator

Silverado HD LT 3500 6.8L Double Cab Utility 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 13,519

Down Payment

AED 40,120

Total Cost

AED 202,348

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1AED 13,519AED 148,709
2AED 13,519AED 135,190
3AED 13,519AED 121,671
4AED 13,519AED 108,152
5AED 13,519AED 94,633
6AED 13,519AED 81,114
7AED 13,519AED 67,595
8AED 13,519AED 54,076
9AED 13,519AED 40,557
10AED 13,519AED 27,038
11AED 13,519AED 13,519
12AED 13,519AED 0

Monthly Payment Composition

Interest: 146
Principal: 13373

Silverado HD LT 3500 6.8L Double Cab Utility Car Loan Calculator FAQs in UAE

The car loan process typically involves applying for a loan through a bank or financial institution, submitting required documents, getting approved, and finally signing the loan agreement before purchasing the vehicle.

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

Consider your budget, interest rates, loan terms, and your ability to make monthly payments. Additionally, check your credit score beforehand.

Interest rates for car loans in the UAE typically range from 3% to 7%, depending on the bank and the borrower's credit profile.

Some banks may impose penalties for early repayment, while others may not. It's essential to check the loan agreement for specific terms.