Your loan calculator 💳
We want to help you start your car buying journey in the right way. Our car loan calculator ensures you know exactly what you can afford based on your circumstances.
Representative example: Borrowing AED 50,000 over 5 years with a Flat Rate of 2.99% and AED 0 deposit, the amount payable would be AED 539 per month. Finance subject to status. Minimum age 21.
| Total charge of credit | 188.16 AED |
|---|---|
| Total amount payable | 9688.16 AED |
| Total charge of credit | 188.16 AED |
|---|---|
| Total amount payable | 9688.16 AED |
Ready to choose your new car?
If you’re planning to purchase a quality used car from a dealer or individual seller—perhaps a friend offering a favorable price—it’s essential to have funds readily available. Our unique service provides the necessary funds to pay your seller, facilitating the purchase. Subsequently, we arrange a zero down payment installment plan through a bank.
By following our car loan procedure, you’ll find the process straightforward and convenient. We also assist with completing the car loan process and registration, ensuring a hassle-free experience.
Our Services Include:
Immediate Payment to Seller: We provide the funds needed to pay your car seller directly, enabling a swift purchase.
Zero Down Payment Financing: We arrange installment plans with banks that require no initial down payment, making car ownership more accessible.
Comprehensive Assistance: Beyond financing, we assist with car registration, insurance, and other related services to ensure a seamless buying experience.
Benefits:
Flexibility in Car Selection: Choose vehicles from various sources, including private sellers and dealers, without being limited to specific inventories.
Competitive Interest Rates: We offer competitive interest rates on auto loans, catering to both used car purchases and refinancing needs.
Customer Satisfaction: Our track record and excellent reviews from satisfied customers highlights our commitment to quality service.
Application Process:
Initial Consultation: Discuss your needs with our agent to determine eligibility and understand the services offered.
Document Submission: Provide necessary documents, including a recent salary certificate, last four months’ bank statements, visa copy, and passport.
Loan Arrangement: Upon approval, we arrange the loan with partnering banks and assist in completing all required procedures, including car registration and insurance.
Additional Tools:
EMI Calculator: Use our online tool to estimate monthly installments based on loan amount, interest rate, and tenure.
DBR Calculator: Assess loan eligibility by evaluating income against existing debts.
How our loan calculator works?
We like to keep things simple at autoloanae. Our calculator is designed to very easily show you what your monthly payments could be based on the amount you wish to borrow. Why not go ahead and try it? All you need to do is enter the amount you’d like to borrow and the amount of months you would like to pay it back over. The calculator will then work out an estimate based on the details you’ve entered.
What our clients are saying about us 🥳
The best car finance experience I’ve ever had! Big shoutout to Hassan for his speedy and professional service.
Smooth and efficient! MyCarLoan.ae made financing my car a breeze.
Overall experience is awesome! Moved to dubai 2 years back and I have finally got my own car!
Fast, reliable, and stress-free! Thanks to Hassan and MyCarLoan.ae for helping me get my dream car in no time.