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Tesla Model 3 2020 Performance (AWD) 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 10,776

Down Payment

AED 31,980

Total Cost

AED 161,292

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1AED 10,776AED 118,536
2AED 10,776AED 107,760
3AED 10,776AED 96,984
4AED 10,776AED 86,208
5AED 10,776AED 75,432
6AED 10,776AED 64,656
7AED 10,776AED 53,880
8AED 10,776AED 43,104
9AED 10,776AED 32,328
10AED 10,776AED 21,552
11AED 10,776AED 10,776
12AED 10,776AED 0

Monthly Payment Composition

Interest: 116
Principal: 10660

Tesla Model 3 2020 Performance (AWD) Car Loan Calculator FAQs in UAE

In UAE, you can choose from various financing options such as conventional bank loans, Islamic financing, and leasing options specifically designed for electric vehicles.

You can apply for a car loan by visiting a bank or financial institution, submitting necessary documents such as proof of income, Emirates ID, and vehicle details, and filling out an application form.

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

Consider factors such as interest rates, loan term, your monthly budget, and whether you can afford the down payment.

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