HomeCar 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 *
%
Loan Period (years) *
Y
interest rate *
%
calculate

Monthly Payment

AED 2,780

Down Payment

AED 8,250

Total Cost

AED 41,610

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment 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

Monthly Payment Composition

Interest: 30
Principal: 2750

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.