Car finance calculator (illustrative)
Estimate monthly car-loan repayments in the UAE. This calculator is for illustration only and is not a loan offer.
Estimated monthly payment
- Amount financed
- Total interest
- Total loan repayments
- Down payment + repayments
- This calculator is for illustration only and is not a loan offer.
- Under the UAE Central Bank car-loan rules, a car loan is generally at most 80% of the car's value (so at least 20% down) and is repaid over at most 60 months.
- A flat rate and a reducing-balance rate are not the same: a 3% flat rate costs more than a 3% reducing rate.
- Bank valuation, credit approval, insurance, registration, processing fees and the final rate set by the lender can change the amount. Finance is never guaranteed.
Flat: interest = amount financed × rate × years; monthly = (amount financed + interest) ÷ months.
Reducing balance: monthly = P × i ÷ (1 − (1 + i)^−n), with i = annual rate ÷ 12.