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

  • To purchase a Sportage 2.0L MPI EX (AWD) in the UAE, you need to apply for a car loan through a bank or financial institution. You will need to provide documents like your ID, salary certificate, and proof of residence. The bank will then assess your creditworthiness and approve the loan if you meet their criteria.
  • Yes, taking a car loan can affect your credit score. If you make timely payments, it can help improve your score. However, missing payments can negatively impact it.
  • Key factors include the interest rate, loan tenure, monthly installments, and your credit history. It's also important to check if there are any hidden fees or charges.
  • If your income is in a different currency than the loan, fluctuations in the exchange rate can affect your repayment amount. It's important to consider this when taking an international loan.
  • Yes, eligibility criteria typically include being a UAE resident, having a stable income, and a good credit history. Some banks might also require a minimum age or a certain employment duration.