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SQ5 TFSI quattro 3.0L 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 21,559

Down Payment

AED 63,980

Total Cost

AED 322,688

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1AED 21,559AED 237,149
2AED 21,559AED 215,590
3AED 21,559AED 194,031
4AED 21,559AED 172,472
5AED 21,559AED 150,913
6AED 21,559AED 129,354
7AED 21,559AED 107,795
8AED 21,559AED 86,236
9AED 21,559AED 64,677
10AED 21,559AED 43,118
11AED 21,559AED 21,559
12AED 21,559AED 0

Monthly Payment Composition

Interest: 233
Principal: 21326

SQ5 TFSI quattro 3.0L Car Loan Calculator FAQs in UAE

In UAE, you can find various loan options from banks and financial institutions, including fixed-rate loans, variable-rate loans, and balloon loans tailored for vehicle purchases.

Taking a loan can initially lower your credit score due to the hard inquiry, but timely payments can improve it over time.

Typically, you will need your Emirates ID, salary certificate, bank statements, and proof of residency to apply for a car loan.

Factors include your credit score, loan amount, repayment term, and the bank's current interest rate policies.

Yes, there may be additional fees such as processing fees, insurance requirements, and early repayment penalties.