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Traveller L3 VIP 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 9,765

Down Payment

AED 28,980

Total Cost

AED 146,160

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1AED 9,765AED 107,415
2AED 9,765AED 97,650
3AED 9,765AED 87,885
4AED 9,765AED 78,120
5AED 9,765AED 68,355
6AED 9,765AED 58,590
7AED 9,765AED 48,825
8AED 9,765AED 39,060
9AED 9,765AED 29,295
10AED 9,765AED 19,530
11AED 9,765AED 9,765
12AED 9,765AED 0

Monthly Payment Composition

Interest: 105
Principal: 9660

Traveller L3 VIP Car Loan Calculator FAQs in UAE

To qualify for a Traveller L3 VIP car loan in UAE, you typically need to be at least 21 years old, have a steady income, and provide identity and residency proof.

Taking a car loan can impact your credit score positively if you make timely payments, but late payments can lower your score.

You'll typically need to provide your Emirates ID, salary certificate, bank statements, and proof of residence.

Interest rates on car loans can be influenced by your credit score, loan amount, loan term, and the financial institution's policies.

Be aware of the total cost of the loan, including interest and fees, the repayment period, and the flexibility of the payment options.