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Tesla Model 3 2021 Standard Range Plus 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 11,248

Down Payment

AED 33,380

Total Cost

AED 168,356

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1AED 11,248AED 123,728
2AED 11,248AED 112,480
3AED 11,248AED 101,232
4AED 11,248AED 89,984
5AED 11,248AED 78,736
6AED 11,248AED 67,488
7AED 11,248AED 56,240
8AED 11,248AED 44,992
9AED 11,248AED 33,744
10AED 11,248AED 22,496
11AED 11,248AED 11,248
12AED 11,248AED 0

Monthly Payment Composition

Interest: 122
Principal: 11126

Tesla Model 3 2021 Standard Range Plus Car Loan Calculator FAQs in UAE

To apply for a loan, you typically need to provide proof of income, employment details, UAE residency documents, and identification. Some banks may also require a down payment.

Taking a loan can affect your credit score positively or negatively based on your repayment behavior. Timely payments can improve your score, while missed payments can lower it.

Consider the interest rate, loan tenure, monthly payments, any applicable fees, and the bank's reputation. It's important to compare offers from different banks.

Yes, you can refinance your loan if you find a better interest rate or terms. However, check with your bank for any penalties or fees associated with refinancing.

Typically, loan durations range from 1 to 5 years, but some banks may offer longer terms. The duration affects your monthly payment and total interest paid.