Traveller L3 VIP Car Loan Calculator in UAE
To finance this car, you can first calculate the installment price in UAE
Monthly Payment
AED 9,765
Down Payment
AED 28,980
Total Cost
AED 146,160
Car Loan Monthly Installments Schedule
| Repayment Schedule | Monthly Repayment | Remaining repayment amount |
|---|---|---|
| 1 | AED 9,765 | AED 107,415 |
| 2 | AED 9,765 | AED 97,650 |
| 3 | AED 9,765 | AED 87,885 |
| 4 | AED 9,765 | AED 78,120 |
| 5 | AED 9,765 | AED 68,355 |
| 6 | AED 9,765 | AED 58,590 |
| 7 | AED 9,765 | AED 48,825 |
| 8 | AED 9,765 | AED 39,060 |
| 9 | AED 9,765 | AED 29,295 |
| 10 | AED 9,765 | AED 19,530 |
| 11 | AED 9,765 | AED 9,765 |
| 12 | AED 9,765 | AED 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.
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