What are the loan options available for purchasing a Volkswagen Teramont 2021 3.6L Highline (AWD) in the UAE?

In the UAE, you can choose from various loan options such as traditional bank loans, Islamic finance, and dealership financing. Each option has different terms and conditions.

How do I apply for a car loan for the Volkswagen Teramont 2021?

To apply for a car loan, you typically need to provide documents like your Emirates ID, salary certificate, bank statements, and details of the vehicle. You can apply online or visit a bank branch.

Will taking a car loan affect my credit score?

Yes, taking a car loan can affect your credit score. Timely payments can improve your score, while missed payments can have a negative impact.

What factors should I consider when taking a car loan?

Consider factors such as the interest rate, loan term, down payment, monthly installments, and any additional fees when taking a car loan.

What factors can affect the loan interest rate for the Volkswagen Teramont?

Factors affecting the loan interest rate include your credit score, loan amount, loan term, and the current economic conditions in the UAE.

CarteaCar Loan Calculator

Volkswagen Teramont 2021 3.6L Highline (AWD) Car Loan Calculator in UAE

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

Monthly Payment

AED 9,312

Down Payment

AED 27,634

Total Cost

AED 139,378

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	AED 9,312	AED 102,432
2	AED 9,312	AED 93,120
3	AED 9,312	AED 83,808
4	AED 9,312	AED 74,496
5	AED 9,312	AED 65,184
6	AED 9,312	AED 55,872
7	AED 9,312	AED 46,560
8	AED 9,312	AED 37,248
9	AED 9,312	AED 27,936
10	AED 9,312	AED 18,624
11	AED 9,312	AED 9,312
12	AED 9,312	AED 0

Monthly Payment Composition

Interest: 101

Principal: 9211

Volkswagen Teramont 2021 3.6L Highline (AWD) Car Loan Calculator FAQs in UAE

In the UAE, you can choose from various loan options such as traditional bank loans, Islamic finance, and dealership financing. Each option has different terms and conditions.
To apply for a car loan, you typically need to provide documents like your Emirates ID, salary certificate, bank statements, and details of the vehicle. You can apply online or visit a bank branch.
Yes, taking a car loan can affect your credit score. Timely payments can improve your score, while missed payments can have a negative impact.
Consider factors such as the interest rate, loan term, down payment, monthly installments, and any additional fees when taking a car loan.
Factors affecting the loan interest rate include your credit score, loan amount, loan term, and the current economic conditions in the UAE.