CarteaCar Loan Calculator

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 *
%
interest rate *
%
Loan Period *
Month
calculate

Calculation Of Loans

Total Car Price-
Down Payment-
  • Monthly Payment-
  • Total Cost-
  • Loan Period-

Car Loan Calculator FAQs in UAE

  • In the UAE, you can choose from various loan options such as personal loans, auto loans, or financing plans offered by banks and financial institutions specifically for vehicle purchases.
  • Taking a loan can impact your credit score both positively and negatively. Timely repayments can improve your score, while missed payments can lower it.
  • Typically, you will need to provide proof of income, residency, identification, and details about the vehicle you wish to purchase.
  • Interest rates can be affected by factors such as your credit score, loan tenure, the lender's policies, and current market conditions.
  • Yes, some lenders may charge processing fees, documentation fees, or early repayment penalties. It's essential to read the loan agreement carefully.