UAE Car Loan Calculator
Estimate your monthly car finance instalment under UAE Central Bank rules — up to 80% financing over a maximum 60 months.
🚗 Loan Details
AED
Central Bank rules require a minimum 20% down payment (80% max financing).
%
Maximum tenure for a UAE car loan is 60 months.
💰 Your Finance
Down payment (20%)0 AED
Loan amount0 AED
Total interest (60 mo)0 AED
Total cost of ownership0 AED
Monthly Instalment
0AED/mo
Assumes a reducing-balance rate. Many UAE dealers quote a lower "flat rate" that costs more overall — always confirm which is used. Estimates for information only.
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Frequently Asked Questions
Under Central Bank of the UAE regulations, banks may finance up to 80% of a vehicle's value, meaning a minimum down payment of 20%. The maximum loan tenure is 60 months (five years).
A reducing (or diminishing) balance rate charges interest only on the outstanding balance, which falls each month. A flat rate charges interest on the full original amount for the whole term, so a flat rate of, say, 2.5% is roughly equivalent to a reducing rate of around 4.7%. Always ask which basis a quote uses; this calculator uses reducing balance.
Yes. UAE banks apply a debt-burden ratio (DBR) cap of 50% of your monthly income across all liabilities — car loan, personal loan, credit cards, and mortgage combined. A high car instalment can reduce how much you can borrow elsewhere.
Yes. Early settlement is permitted, though banks may charge an early-settlement fee (commonly capped by Central Bank rules at a small percentage of the outstanding balance). Settling early on a reducing-balance loan saves the remaining interest.
No. Comprehensive motor insurance is a separate mandatory cost, typically 1.25%–3% of the car's value per year, and is not part of the loan instalment shown here.