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X3 M40i xDrive 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 20,824

Down Payment

AED 61,800

Total Cost

AED 311,688

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1AED 20,824AED 229,064
2AED 20,824AED 208,240
3AED 20,824AED 187,416
4AED 20,824AED 166,592
5AED 20,824AED 145,768
6AED 20,824AED 124,944
7AED 20,824AED 104,120
8AED 20,824AED 83,296
9AED 20,824AED 62,472
10AED 20,824AED 41,648
11AED 20,824AED 20,824
12AED 20,824AED 0

Monthly Payment Composition

Interest: 224
Principal: 20600

X3 M40i xDrive Car Loan Calculator FAQs in UAE

The loan process typically involves choosing a bank, submitting necessary documents, getting pre-approved, and finally signing the loan agreement after selecting the vehicle.

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

You should consider the interest rates, loan tenure, your monthly budget, and any additional fees when applying for a car loan.

Yes, typically you will need to provide identification, proof of income, and possibly a down payment depending on the bank's policy.

Interest rates for car loans in the UAE vary by bank but typically range from 3% to 6% depending on various factors such as your credit score and the loan amount.