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Teramont R-Line 3.6L 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 13,883

Down Payment

AED 41,200

Total Cost

AED 207,796

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1AED 13,883AED 152,713
2AED 13,883AED 138,830
3AED 13,883AED 124,947
4AED 13,883AED 111,064
5AED 13,883AED 97,181
6AED 13,883AED 83,298
7AED 13,883AED 69,415
8AED 13,883AED 55,532
9AED 13,883AED 41,649
10AED 13,883AED 27,766
11AED 13,883AED 13,883
12AED 13,883AED 0

Monthly Payment Composition

Interest: 150
Principal: 13733

Teramont R-Line 3.6L Car Loan Calculator FAQs in UAE

The car loan process typically involves selecting a bank or financial institution, submitting your financial documents, choosing the loan amount and term, and then awaiting approval before finalizing the purchase.

Yes, taking out a loan can affect your credit score. It may lower your score temporarily due to the hard inquiry but can improve it with timely repayments.

You should consider your monthly budget, the total cost of the loan including interest, the loan term, and any fees associated with the loan.

Factors include your credit score, the loan amount, the loan term, and the current economic conditions in the UAE.

Yes, there may be additional fees such as processing fees, insurance costs, and administrative charges that you should inquire about before signing the loan agreement.