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Taurus Titanium 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 11,315

Down Payment

AED 33,579

Total Cost

AED 169,359

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1AED 11,315AED 124,465
2AED 11,315AED 113,150
3AED 11,315AED 101,835
4AED 11,315AED 90,520
5AED 11,315AED 79,205
6AED 11,315AED 67,890
7AED 11,315AED 56,575
8AED 11,315AED 45,260
9AED 11,315AED 33,945
10AED 11,315AED 22,630
11AED 11,315AED 11,315
12AED 11,315AED 0

Monthly Payment Composition

Interest: 122
Principal: 11193

Taurus Titanium Car Loan Calculator FAQs in UAE

The car loan process typically involves applying to a bank or financial institution, providing necessary documentation, and receiving approval based on your creditworthiness.

Yes, taking a car loan can affect your credit score as it adds to your credit history and may influence your debt-to-income ratio.

Consider your budget, the interest rates offered, the loan term, and any additional fees that may apply.

Factors include your credit score, the amount of the down payment, the loan term, and prevailing market interest rates.

Typically, a down payment of 20% to 30% of the car's value is required, depending on the lender's policies.