CarteaCar Loan Calculator

Symbol 1.6L PE 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 PriceAED 41,250
Down PaymentAED 8,250
  • Monthly PaymentAED 2,780
  • Total CostAED 41,610
  • Loan Period12 Month

Car Loan Monthly Installments Schedule

Payment ScheduleMonthly PaymentRemaining Amount
1AED 2,780AED 30,580
2AED 2,780AED 27,800
3AED 2,780AED 25,020
4AED 2,780AED 22,240
5AED 2,780AED 19,460
6AED 2,780AED 16,680
7AED 2,780AED 13,900
8AED 2,780AED 11,120
9AED 2,780AED 8,340
10AED 2,780AED 5,560
11AED 2,780AED 2,780
12AED 2,780AED 0

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Symbol 1.6L PE Car Loan Calculator FAQs in UAE

  • The car loan process typically involves submitting an application, providing necessary documents, getting credit approval, and finalizing the loan agreement with a bank.
  • Yes, applying for a loan may result in a hard inquiry on your credit report, which can temporarily lower your credit score.
  • Factors include your credit score, the loan term, the bank's policies, and current market interest rates.
  • You will generally need to provide proof of income, identification documents, residency proof, and information about the vehicle.
  • It depends on the bank's policy; some banks may charge a fee for early repayment while others do not.