CarteaCar Loan Calculator

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 *
%
interest rate *
%
Loan Period *
Month
calculate

Calculation Of Loans

Total Car Price-
Down Payment-
  • Monthly Payment-
  • Total Cost-
  • Loan Period-

Car Loan Calculator FAQs in UAE

  • Interest rates for car loans in the UAE typically range from 3% to 5% depending on the bank and the borrower's credit profile.
  • To apply for a car loan, you need to visit a bank or their website, provide necessary documents like ID, proof of income, and fill out an application form.
  • Yes, taking a car loan can affect your credit score positively or negatively, depending on timely payments and your overall credit behavior.
  • You typically need to provide a copy of your passport, residence visa, salary certificate, and bank statements.
  • Factors include your credit score, income level, the bank's policies, and the overall market conditions.