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Traverse 3.6L LT Full Option (FWD) 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 20,804

Down Payment

AED 61,740

Total Cost

AED 311,388

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1AED 20,804AED 228,844
2AED 20,804AED 208,040
3AED 20,804AED 187,236
4AED 20,804AED 166,432
5AED 20,804AED 145,628
6AED 20,804AED 124,824
7AED 20,804AED 104,020
8AED 20,804AED 83,216
9AED 20,804AED 62,412
10AED 20,804AED 41,608
11AED 20,804AED 20,804
12AED 20,804AED 0

Monthly Payment Composition

Interest: 224
Principal: 20580

Traverse 3.6L LT Full Option (FWD) Car Loan Calculator FAQs in UAE

In the UAE, you can choose from several loan options such as conventional car loans, Islamic financing, and personal loans offered by banks and financial institutions.

You can apply for a car loan by visiting a bank or financial institution's website, filling out the application form, and providing necessary documents like proof of income and identification.

Yes, taking a car loan can affect your credit score. Timely payments can improve your score, while missed payments can lower it.

Consider the interest rates, loan terms, your budget for monthly payments, and any additional fees involved in the loan process.

Factors that can affect the loan exchange rate include economic conditions, interest rates set by the central bank, and your personal credit history.