What are the loan options available for purchasing a Toyota Fortuner 2018 2.7L EXR in the UAE?

In the UAE, you can choose from various loan options such as fixed-rate loans, variable-rate loans, and Islamic financing options for purchasing a Toyota Fortuner 2018 2.7L EXR.

How does taking a loan to buy a Toyota Fortuner affect my credit score in the UAE?

Taking a loan can impact your credit score positively or negatively, depending on your repayment history. Consistent payments can improve your score, while missed payments can harm it.

What documents are required to apply for a car loan for a Toyota Fortuner in the UAE?

You typically need to provide proof of identity, proof of income, bank statements, and details of the vehicle such as the invoice and registration.

Are there any fees associated with taking a car loan for a Toyota Fortuner in the UAE?

Yes, there may be fees such as processing fees, insurance costs, and early repayment penalties. It's important to check with your bank for specific charges.

What factors affect the interest rate for a car loan in the UAE?

Factors include your credit score, the loan amount, the term of the loan, and the prevailing economic conditions. A higher credit score can lead to a lower interest rate.

CarteaCar Loan Calculator

Toyota Fortuner 2018 2.7L EXR Car Loan Calculator in UAE

To finance this car, you can first calculate the installment price in UAE

Monthly Payment

AED 7,744

Down Payment

AED 22,980

Total Cost

AED 115,908

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	AED 7,744	AED 85,184
2	AED 7,744	AED 77,440
3	AED 7,744	AED 69,696
4	AED 7,744	AED 61,952
5	AED 7,744	AED 54,208
6	AED 7,744	AED 46,464
7	AED 7,744	AED 38,720
8	AED 7,744	AED 30,976
9	AED 7,744	AED 23,232
10	AED 7,744	AED 15,488
11	AED 7,744	AED 7,744
12	AED 7,744	AED 0

Monthly Payment Composition

Interest: 84

Principal: 7660

Toyota Fortuner 2018 2.7L EXR Car Loan Calculator FAQs in UAE

In the UAE, you can choose from various loan options such as fixed-rate loans, variable-rate loans, and Islamic financing options for purchasing a Toyota Fortuner 2018 2.7L EXR.
Taking a loan can impact your credit score positively or negatively, depending on your repayment history. Consistent payments can improve your score, while missed payments can harm it.
You typically need to provide proof of identity, proof of income, bank statements, and details of the vehicle such as the invoice and registration.
Yes, there may be fees such as processing fees, insurance costs, and early repayment penalties. It's important to check with your bank for specific charges.
Factors include your credit score, the loan amount, the term of the loan, and the prevailing economic conditions. A higher credit score can lead to a lower interest rate.