Car Loan Calculator for UAE
Appoximate Monthly Cost 123AED
Car Loan Amount
AED 8000
Down Payment
%
Intrest Rate
6%
Processing Fee
9,009 AED
Tenure
3months
Total Intrest Amount
AED
Total payable
8000 AED
Find the right car for you
If you are planning to buy a car, then there are wide range of options available. But not every car suits you when some aspects are considered.
Budget
One of the aspects would be the budget especially if you need a bank loan to buy a car. There are several banks providing financial assistance to the borrowers, even before approaching a bank it is necessary to check whether this new EMI fits into your monthly expenses. To plan these you need to know how much you are going to pay on your car loan EMI which can be known by using a Car Loan Calculator. Calculate Car Loan EMI before applying for a Car Loan in the UAE.
Our Car EMI Calculator will calculate the instalments to be paid monthly i.e the EMI and the total payment for the car including the interest rates by the end of the tenure.
Car Loan Calculator will make you understand your payback capability i.e. how much you can afford monthly. Apart from monthly costs and the total payable amount, Auto Loan Calculator will let you compare different banks interest rates and choose the one that is nominal rather than ending up picking the costly one.
Other aspects to be considered:
- New cars are provided on high benefits like several packages and free maintenance vouchers whereas on a used car, these additional benefits might have expired long back.
- New cars are definitely a peace of mind as they are unused, there are no chances of sudden breakdowns for the first few years.
- You can get a used car for affordable rates. Even though dealers provide offers on new cars, the final price would be high when compared to the pre owned cars. There are few used car showrooms as well to purchase pre owned cars where the rates can be negotiated.
- Be it an used car or new car, financing is not an issue in UAE. There are several banks providing car loan options for used and new cars if the documents are perfect.
Minimum Salary
Interest Rate
Loan Amount
Reducing Rate
Select Bank
Min Salary
Interest/Profit Rate
Other Filters
CLEAR
2.59%
AED 5K
4.7%
AED 1000K
AED 1000
Features
- Interest rate for the given finance is 2.59%
- Minimum salary requirement is AED 5,000
- The reducing rate and the flat rate is 4.7% and 2.59%. This denotes that the computation done was a division of the reduction rate by 1.814
Features
- Repayment period is up to 60 months
- Interest rate for the given finance is 2.59%
- Minimum salary requirement is AED 5,000
- The reducing rate and the flat rate is 4.7% and 2.59%. This denotes that the computation done was a division of the reduction rate by 1.814
- No salary transfer is required
- Maximum loan amount is AED 1,000,000 that ADCB bank can provide
- Early settlement fee is 1% of the finance amount
- Processing fee is AED 1000
- About 20% down payment is required for this finance
- High finance amount and low minimum salary requirement is there for given finance, The given finance is Sharia-compliant, Long repayment period for this loan, Convenient features like one signature application, As low as 2.59% rates on new cars, Approval is quick , Documentation is simple, Finance up to 80% of the car price, For the first year you can get free ADIB Visa Cashback Card, Salary transfer is not required, Vehicle from Abu Dhabi National Takaful get low contribution amount
3.99%
AED 10K
7.23%
AED 750K
AED 1000
Features
- Interest rate for the given finance is 3.99%
- Minimum salary requirement is AED 10,000
- The reducing rate and the flat rate is 7.23% and 3.99%. This denotes that the computation done was a division of the reduction rate by 1.814
Features
- Repayment period is up to 60 months
- Interest rate for the given finance is 3.99%
- Minimum salary requirement is AED 10,000
- The reducing rate and the flat rate is 7.23% and 3.99%. This denotes that the computation done was a division of the reduction rate by 1.814
- No salary transfer is required
- Maximum loan amount is AED 750,000 that ADCB bank can provide
- Early settlement fee is 1% of the finance amount
- Processing fee is AED 1000
- 0% down payment is required for this finance
- High finance amount and low minimum salary requirement is there for given finance, The given finance is Sharia-compliant, Long repayment period for this loan, Convenient features like one signature application, As low as 3.99% rates on new cars, Approval is quick , Documentation is simple, Finance up to 80% of the car price, For the first year you can get free ADIB Visa Cashback Card, Salary transfer is not required
3.25%
AED 3K
6.11%
AED 500K
AED 2500
Features
- Interest rate for the given finance is 3.25%
- Minimum salary requirement is AED 3,000
- The reducing rate and the flat rate is 6.11% and 3.25%. This denotes that the computation done was a division of the reduction rate by 1.815
Features
- Repayment period is up to 60 months
- Interest rate for the given finance is 3.25%
- Minimum salary requirement is AED 3,000
- The reducing rate and the flat rate is 6.11% and 3.25%. This denotes that the computation done was a division of the reduction rate by 1.815
- No salary transfer is required
- Maximum loan amount is AED 500,000 that Dubai Islamic bank can provide
- Early settlement fee is 1% of the finance amount
- Processing fee is AED 2500
- About 20% down payment is required for this finance
- High finance amount and low minimum salary requirement is there for given finance, Finance can be provided for new as well as used cars, Maximum repayment period is of 60 months, Approval is quick , Documentation is simple, Minimum salary requirement is low, Finance up to 80% of the car price, Dubai Islamic bank provides option of financing other accessories and insurance
2.79%
AED 6K
5.06%
AED 500K
%
Features
- Interest rate for the given finance is 2.79%
- Minimum salary requirement is AED 6,000
- The reducing rate and the flat rate is 5.06% and 2.79%. This denotes that the computation done was a division of the reduction rate by 1.84
Features
- Repayment period is up to 60 months
- Interest rate for the given finance is 2.79%
- Minimum salary requirement is AED 6,000
- The reducing rate and the flat rate is 5.06% and 2.79%. This denotes that the computation done was a division of the reduction rate by 1.84
- Salary transfer is required
- Maximum loan amount is AED 500,000 that Sharjah Islamic bank can provide
- Early settlement fee is 1% of the finance amount
- Processing fee is 1% of the finance amount
- About 20% down payment is required for this finance
- High finance amount is provided by Sharjah Islamic bank, Low minimum salary requirement is there for given finance, Finance can be provided for new as well as used cars, Maximum repayment period is of 60 months, Documentation is simple, Islamic insurance finance is also available
2.49%
AED 10K
4.6%
AED 918K
%
Features
- Interest rate for the given finance is 2.49%
- Minimum salary requirement is AED 10000
- The reducing rate and the flat rate is 4.6% and 2.49%. This denotes that the computation done was a division of the reduction rate by 1.815
Features
- Repayment period is up to 60 months
- Interest rate for the given finance is 2.49%
- Minimum salary requirement is AED 10000
- The reducing rate and the flat rate is 4.6% and 2.49%. This denotes that the computation done was a division of the reduction rate by 1.815
- No salary transfer is required
- Maximum loan amount is AED 918,000 that HSBC bank can provide
- Early settlement fee is 1% of the finance amount
- Processing fee is 1% of the finance amount
- About 20% down payment is required for this finance
- High finance amount is provided by HSBC bank, Low minimum salary requirement is there for given finance, Finance can be provided for new as well as used cars, Maximum repayment period is of 60 months, Documentation is simple, Dedicated sales manager will be there to assist you throughout the process, No need to open account with HSBC bank
4.25%
AED 20K
7.71%
AED 500K
AED 500
Features
- Interest rate for the given finance is 4.25%
- Minimum salary requirement is AED 20,000
- The reducing rate and the flat rate is 7.71% and 4.25%. This denotes that the computation done was a division of the reduction rate by 1.814
Features
- Repayment period is up to 48 months
- Length of business for self-employed applicant is 1 year
- Interest rate for the given finance is 4.25%
- Minimum salary requirement is AED 20,000
- The reducing rate and the flat rate is 7.71% and 4.25%. This denotes that the computation done was a division of the reduction rate by 1.814
- Maximum loan amount is AED 500,000 that Aafaq bank can provide
- Early settlement fee is 1% of the finance amount
- Processing fee is AED 500
- About 20% down payment is required for this finance
- High finance amount and low minimum salary requirement is there for given finance, The given finance is Sharia-compliant, Long repayment period for this loan
2.49%
AED 18K
4.61%
AED 250K
AED 500
Features
- Interest rate for the given finance is 4.61%
- Minimum salary requirement is AED 18,000
- The reducing rate and the flat rate is 4.61% and 2.49%
Features
- Repayment period is up to 60 months
- Interest rate for the given finance is 4.61%
- Minimum salary requirement is AED 18,000
- The reducing rate and the flat rate is 4.61% and 2.49%
- No salary transfer is required
- Maximum loan amount is AED 250,000 that Emirates NBD bank can provide
- Early settlement fee is 4% of the finance amount
- Processing fee is AED 500
- About 20% down payment is required for this finance
- High finance amount is provided by Emirates NBD bank, Low minimum salary requirement is there for given finance, Finance can be provided for new as well as used cars, Maximum repayment period is of 60 months, Documentation is simple, Get advantage of starting with lower installments in the initial stage of the loan and then later increase the installments , Minimum salary requirement is low
3.15%
AED 25K
5.71%
AED 750K
%
Features
- Interest rate for the given finance is 3.15%
- Minimum salary requirement is AED 25,000
- The reducing rate and the flat rate is 4.52% and 3.15%. This denotes that the computation done was a division of the reduction rate by 1.815
Features
- Repayment period is up to 60 months
- Interest rate for the given finance is 3.15%
- Minimum salary requirement is AED 25,000
- The reducing rate and the flat rate is 4.52% and 3.15%. This denotes that the computation done was a division of the reduction rate by 1.815
- No salary transfer is required
- Maximum loan amount is AED 750,000 that Emirates NBD bank can provide
- Early settlement fee is 1% of the finance amount
- Processing fee is 1% of the finance amount
- About 20% down payment is required for this finance
- High finance amount is provided by Emirates NBD bank, Low minimum salary requirement is there for given finance, Finance can be provided for new as well as used cars, Maximum repayment period is of 60 months, Documentation is simple, Get advantage of starting with lower installments in the initial stage of the loan and then later increase the installments , Minimum salary requirement is low
Features
- Interest rate for the given finance is 3%
- Minimum salary requirement is AED 5,000
- The reducing rate and the flat rate is 5.44% and 3%. This denotes that the computation done was a division of the reduction rate by 1.815
Features
- Repayment period is up to 48 months
- Interest rate for the given finance is 3%
- Minimum salary requirement is AED 5,000
- The reducing rate and the flat rate is 5.44% and 3%. This denotes that the computation done was a division of the reduction rate by 1.815
- No salary transfer is required
- Maximum loan amount is AED 500,000 that CBI bank can provide
- Early settlement fee is 1% of the finance amount
- Processing fee is AED 2500
- About 20% down payment is required for this finance
- High finance amount and low minimum salary requirement is there for given finance, Finance can be provided for new as well as used cars, Maximum repayment period is of 48 months, Approval is quick , Documentation is simple, Minimum salary requirement is low
Features
- Interest rate for the given finance is 6.4%
- Minimum salary requirement is AED 8,000
- The reducing rate and the flat rate is 6.4% and 3.5%. This denotes that the computation done was a division of the reduction rate by 1.813
Features
- Repayment period is up to 60 months
- Interest rate for the given finance is 6.4%
- Minimum salary requirement is AED 8,000
- The reducing rate and the flat rate is 6.4% and 3.5%. This denotes that the computation done was a division of the reduction rate by 1.813
- No salary transfer is required
- Maximum loan amount is AED 500,000 that CBD bank can provide
- Early settlement fee is 1% of the finance amount
- Processing fee is 1% of the finance amount
- About 20% down payment is required for this finance
- High finance amount and low minimum salary requirement is there for given finance, Finance can be provided for new as well as old cars, Maximum repayment period is of 60 months, Approval is quick , Documentation is simple, Minimum salary requirement is low, Registration of the vehicle will be given on third party name, Finance up to 80% of the car price, You can earn upto 50 Attijari points for every AED 1,000 of finance