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T8 2.0T DC Classic (4x2) 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 4,172

Down Payment

AED 12,380

Total Cost

AED 62,444

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1AED 4,172AED 45,892
2AED 4,172AED 41,720
3AED 4,172AED 37,548
4AED 4,172AED 33,376
5AED 4,172AED 29,204
6AED 4,172AED 25,032
7AED 4,172AED 20,860
8AED 4,172AED 16,688
9AED 4,172AED 12,516
10AED 4,172AED 8,344
11AED 4,172AED 4,172
12AED 4,172AED 0

Monthly Payment Composition

Interest: 46
Principal: 4126

T8 2.0T DC Classic (4x2) Car Loan Calculator FAQs in UAE

In the UAE, you can find various loan options including conventional auto loans, Islamic financing, and flexible repayment plans from multiple banks.

You can apply for a car loan by visiting a bank branch, using their online platform, or contacting a loan officer. You'll need to provide necessary documents such as ID, salary certificate, and vehicle details.

Yes, taking a car loan can affect your credit score. Timely payments can improve your score, while missed payments can harm it.

Be aware of interest rates, loan terms, additional fees, and your ability to repay the loan. It's also important to read the fine print.

Factors include your credit score, loan amount, repayment term, and prevailing market conditions. Banks may also consider your income and employment stability.