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Transit 2.2L Custom 330L M/T Car Loan Calculator in UAE

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

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car price (AED)*

down payment *
%
Loan Period (years) *
Y
interest rate *
%
calculate

Monthly Payment

AED 7,919

Down Payment

AED 23,499

Total Cost

AED 118,527

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1AED 7,919AED 87,109
2AED 7,919AED 79,190
3AED 7,919AED 71,271
4AED 7,919AED 63,352
5AED 7,919AED 55,433
6AED 7,919AED 47,514
7AED 7,919AED 39,595
8AED 7,919AED 31,676
9AED 7,919AED 23,757
10AED 7,919AED 15,838
11AED 7,919AED 7,919
12AED 7,919AED 0

Monthly Payment Composition

Interest: 86
Principal: 7833

Transit 2.2L Custom 330L M/T Car Loan Calculator FAQs in UAE

The car loan process typically involves submitting an application to a bank or financial institution, providing necessary documents, and awaiting approval. Once approved, you can finalize the loan terms and disbursement.

Yes, taking a loan can impact your credit score. Timely repayments can improve your score, while missed payments can harm it.

Consider your budget, the total cost of the loan including interest, and the repayment terms. Also, check your credit score and eligibility.

Factors include your credit score, loan amount, loan term, and the bank's policies. Economic conditions can also play a role.

Approval times can vary, but it usually takes a few hours to a couple of days, depending on the bank and your documentation.