CarteaCar Loan Calculator

Toyota Coaster 2018 2.7L (23-Seater) 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 13,020

Down Payment

AED 38,640

Total Cost

AED 194,880

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1AED 13,020AED 143,220
2AED 13,020AED 130,200
3AED 13,020AED 117,180
4AED 13,020AED 104,160
5AED 13,020AED 91,140
6AED 13,020AED 78,120
7AED 13,020AED 65,100
8AED 13,020AED 52,080
9AED 13,020AED 39,060
10AED 13,020AED 26,040
11AED 13,020AED 13,020
12AED 13,020AED 0

Monthly Payment Composition

Interest: 140
Principal: 12880

Toyota Coaster 2018 2.7L (23-Seater) Car Loan Calculator FAQs in UAE

In the UAE, banks offer various loan options for purchasing a Toyota Coaster, including fixed-rate loans, variable-rate loans, and balloon loans. It's essential to compare the terms and interest rates before making a decision.

To apply for a car loan, you typically need to provide documents such as your Emirates ID, salary certificate, bank statements, and the vehicle registration information. You can apply directly through the bank or online.

Yes, taking a car loan can affect your credit score. Timely payments can improve your score, while missed payments may lower it. It's crucial to manage your loan responsibly.

Be aware of the interest rates, loan tenure, processing fees, and any early repayment penalties. Make sure you fully understand the terms before signing the loan agreement.

Factors that influence interest rates include your credit score, loan amount, loan tenure, and the bank's current policies. Additionally, economic conditions can also play a role.