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Tank 700 Hi4-T 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 15,163

Down Payment

AED 45,000

Total Cost

AED 226,956

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1AED 15,163AED 166,793
2AED 15,163AED 151,630
3AED 15,163AED 136,467
4AED 15,163AED 121,304
5AED 15,163AED 106,141
6AED 15,163AED 90,978
7AED 15,163AED 75,815
8AED 15,163AED 60,652
9AED 15,163AED 45,489
10AED 15,163AED 30,326
11AED 15,163AED 15,163
12AED 15,163AED 0

Monthly Payment Composition

Interest: 163
Principal: 15000

Tank 700 Hi4-T Car Loan Calculator FAQs in UAE

The car loan process typically involves selecting a bank, submitting the required documents, completing a loan application, and awaiting approval before finalizing the purchase.

Yes, taking a loan can affect your credit score positively or negatively, depending on your repayment behavior and credit utilization.

Key factors include interest rates, loan terms, monthly payments, down payment, and your financial stability.

You typically need to provide identification, proof of income, bank statements, and details of the vehicle you wish to purchase.

Factors include the Central Bank's policies, inflation rates, your credit score, and the overall economic conditions in the UAE.