HomeCar Loan Calculator

Toyota Camry 2020 2.5L LE HEV 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 8,256

Down Payment

AED 24,500

Total Cost

AED 123,572

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1AED 8,256AED 90,816
2AED 8,256AED 82,560
3AED 8,256AED 74,304
4AED 8,256AED 66,048
5AED 8,256AED 57,792
6AED 8,256AED 49,536
7AED 8,256AED 41,280
8AED 8,256AED 33,024
9AED 8,256AED 24,768
10AED 8,256AED 16,512
11AED 8,256AED 8,256
12AED 8,256AED 0

Monthly Payment Composition

Interest: 90
Principal: 8166

Toyota Camry 2020 2.5L LE HEV Car Loan Calculator FAQs in UAE

In the UAE, you can choose from various banks that offer auto loans with different interest rates, loan terms, and down payment requirements. It's advisable to compare offers from multiple banks.

You can apply for a car loan online through the bank's website or by visiting a local branch. You will need to provide documents such as your Emirates ID, salary certificate, and proof of residence.

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

Consider the interest rate, loan term, monthly payments, and your overall financial situation. Ensure that you can afford the monthly payments without straining your budget.

Factors include your credit score, the amount of the down payment, the loan amount, and the economic conditions prevailing in the UAE.