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Traverse 3.6L Premium (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 22,556

Down Payment

AED 66,940

Total Cost

AED 337,612

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1AED 22,556AED 248,116
2AED 22,556AED 225,560
3AED 22,556AED 203,004
4AED 22,556AED 180,448
5AED 22,556AED 157,892
6AED 22,556AED 135,336
7AED 22,556AED 112,780
8AED 22,556AED 90,224
9AED 22,556AED 67,668
10AED 22,556AED 45,112
11AED 22,556AED 22,556
12AED 22,556AED 0

Monthly Payment Composition

Interest: 243
Principal: 22313

Traverse 3.6L Premium (FWD) Car Loan Calculator FAQs in UAE

In UAE, you can choose from several financing options such as bank loans, dealership financing, or personal loans. Most banks offer tailored auto loans with competitive interest rates.

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

Consider factors such as interest rates, loan terms, monthly payments, and your budget. It's also important to check your credit score before applying.

Interest rates can be influenced by your credit score, the loan amount, the term of the loan, and the bank's policies. Economic conditions can also play a role.

Yes, you can refinance your car loan. It's often done to obtain a better interest rate or to change the loan term. However, check for any penalties before proceeding.