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Toyota Coaster 2021 4.2L (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 14,860

Down Payment

AED 44,100

Total Cost

AED 222,420

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1AED 14,860AED 163,460
2AED 14,860AED 148,600
3AED 14,860AED 133,740
4AED 14,860AED 118,880
5AED 14,860AED 104,020
6AED 14,860AED 89,160
7AED 14,860AED 74,300
8AED 14,860AED 59,440
9AED 14,860AED 44,580
10AED 14,860AED 29,720
11AED 14,860AED 14,860
12AED 14,860AED 0

Monthly Payment Composition

Interest: 160
Principal: 14700

Toyota Coaster 2021 4.2L (23-Seater) Car Loan Calculator FAQs in UAE

  • In the UAE, you can choose from various loan options such as bank loans, dealership financing, and personal loans. Banks typically offer competitive interest rates and flexible repayment terms.
  • To apply for a car loan, you need to gather necessary documents such as your Emirates ID, salary certificate, bank statements, and the vehicle's details. Then, submit your application to the bank or financing institution.
  • Yes, taking a loan can affect your credit score. Timely repayments can improve your score, while late payments can harm it. Make sure to manage your payments responsibly.
  • Factors that affect the interest rate include your credit score, the loan amount, the loan term, and the lender's policies. A higher credit score usually results in a lower interest rate.
  • You should be aware of the total cost of the loan, including interest rates and fees, the repayment schedule, and any penalties for late payments. It's also wise to compare offers from different lenders.