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Toyota Hiace 2020 3.5L GLS high roof (3 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 8,350

Down Payment

AED 24,780

Total Cost

AED 124,980

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1AED 8,350AED 91,850
2AED 8,350AED 83,500
3AED 8,350AED 75,150
4AED 8,350AED 66,800
5AED 8,350AED 58,450
6AED 8,350AED 50,100
7AED 8,350AED 41,750
8AED 8,350AED 33,400
9AED 8,350AED 25,050
10AED 8,350AED 16,700
11AED 8,350AED 8,350
12AED 8,350AED 0

Monthly Payment Composition

Interest: 90
Principal: 8260

Toyota Hiace 2020 3.5L GLS high roof (3 seater) Car Loan Calculator FAQs in UAE

To qualify for a car loan in the UAE, you generally need to be at least 21 years old, have a steady income, and provide necessary documents like your Emirates ID, salary certificate, and bank statements.

Taking a car loan can impact your credit score. If you make timely payments, it can improve your score, but missed or late payments can negatively affect it.

You will typically need to provide your Emirates ID, a valid driving license, salary certificate, bank statements, and proof of residency.

Interest rates can be influenced by factors such as your credit score, the loan amount, the term duration, and the bank's policies.

Most banks in UAE allow early repayment of car loans, but some may charge a fee. It’s best to check with your lender for their specific policies.