HomeCar Loan Calculator

Tiguan Elegance 2.0L 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 10,783

Down Payment

AED 32,000

Total Cost

AED 161,396

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1AED 10,783AED 118,613
2AED 10,783AED 107,830
3AED 10,783AED 97,047
4AED 10,783AED 86,264
5AED 10,783AED 75,481
6AED 10,783AED 64,698
7AED 10,783AED 53,915
8AED 10,783AED 43,132
9AED 10,783AED 32,349
10AED 10,783AED 21,566
11AED 10,783AED 10,783
12AED 10,783AED 0

Monthly Payment Composition

Interest: 117
Principal: 10666

Tiguan Elegance 2.0L Car Loan Calculator FAQs in UAE

The car loan process generally involves selecting the vehicle, applying for the loan with required documentation, getting approval from the bank, and then finalizing the purchase.

Factors include your credit score, income level, employment status, and existing debts.

Yes, taking a car loan can affect your credit score, especially if you miss payments or default on the loan.

Be aware of interest rates, loan terms, additional fees, and your ability to make monthly payments.

Key factors include the central bank's base rate, the borrower's credit score, loan term, and market demand.