Enter details to calculate…
Estimates UAE car loan EMI, total cost, and eligibility (2025 rates). Uses flat rate (standard in UAE). DBR ≤50% of salary. Down payment ≥20%. Max tenure 5 years. Includes bank fees. Actual offers vary by bank, credit score, and nationality.
Dreaming of driving a new SUV or upgrading your sedan in the UAE? A Car Loan Calculator UAE is your first step to budgeting monthly EMIs (Equated Monthly Installments), total interest, and affordability based on salary, loan amount, and tenure. In 2025, with Central Bank rates steady at 5.5% and banks like Mashreq offering 5.99%-9.99% p.a. (flat rates), car loans cover up to 80% of vehicle value (AED 80,000-1.5M) over 12-60 months, with minimum salaries from AED 5,000-8,000. Whether you’re a salaried expat in Dubai or self-employed in Abu Dhabi, tools on Gcalculate.com estimate EMIs starting from AED 1,500/month for AED 100,000 loans, factoring reducing vs. flat rates and processing fees (1%). This guide covers the Car Loan Calculator UAE, eligibility, rates, Islamic options, and tips—helping you drive off with confidence.
The Car Loan Calculator UAE is a digital tool that estimates monthly car loan payments (Equated Monthly Installments, EMI), total interest payable, and overall loan cost. It factors in the loan principal (vehicle price minus down payment), interest rate (fixed or reducing), loan tenure (1–7 years), and any additional fees. Available on bank websites (e.g., emiratesnbd.com, adcb.com), comparison platforms (yallacompare.com, souqalmal.com), and third-party sites (policybazaar.ae, calculatestuff.com), the calculator aligns with UAE Central Bank regulations and Islamic finance options for Sharia-compliant loans. It supports both conventional and Islamic car loans for new and used vehicles.
A Car Loan Calculator UAE computes EMIs using the reducing balance formula, inputting loan amount, interest rate, tenure, and down payment to show monthly payments, total interest, and total repayment. It differentiates flat (simple interest on principal) vs. reducing rates (interest on outstanding balance), with flat rates appearing lower (e.g., 3.09% flat ≈ 5.61% reducing).
Core Formula (EMI): EMI = [P × R × (1 + R)^N] / [(1 + R)^N – 1], where P = principal, R = monthly rate (annual/12), N = months.
Steps:
Pro tip: For Islamic finance (e.g., Emirates Islamic at 2.49% flat profit), calculators use Murabaha (cost-plus) models—no interest, Sharia-compliant.
UAE car loans are competitive, with flat rates 1.99%-3.49% for new cars and higher for used (up to 9.99%). Reducing equivalents: 4.10%-6.50%. Minimum salary AED 5,000-25,000 (salaried/self-employed); tenure 12-60 months; LTV 80%.
| Bank | Flat Rate (New/Used) | Max Loan (AED) | Min Salary (AED) | Tenure (Months) | Fees |
|---|---|---|---|---|---|
| Mashreq | 5.99%-9.99% | 500,000 | 5,000 | 12-60 | 1% processing |
| FAB | 1.99%-3.49% | 1,500,000 (80% value) | 8,000 | Up to 60 | 1% |
| Emirates Islamic | 2.49% profit (new) | 1,000,000 | 10,000 | Up to 60 | 1% Takaful |
| ADCB | 2.65% (new) | 1,500,000 | 8,000 | 12-60 | 1.05% |
| RAKBANK | 3.09% flat | 500,000 | 5,000 | 12-60 | 1% |
Eligibility: UAE resident/national, 21-60 years, 6+ months employed, credit score >580, debt burden <50% salary. Self-employed: AED 25,000 min, trade license.
For AED 100,000 loan (80% of AED 125,000 car), 48 months:
| Rate (Flat) | Monthly EMI (AED) | Total Interest (AED) | Total Repayment (AED) |
|---|---|---|---|
| 1.99% (FAB New) | 2,150 | 3,200 | 103,200 |
| 3.09% (RAKBANK) | 2,200 | 5,600 | 105,600 |
| 5.99% (Mashreq Used) | 2,300 | 10,400 | 110,400 |
| 2.49% Profit (Islamic) | 2,160 | 3,680 | 103,680 |
Reducing equivalent: 1.99% flat ≈ 4.10% reducing. Add 1% processing (~AED 1,000).
A Car Loan Calculator UAE is your roadmap to affordable driving in 2025, estimating EMIs like AED 2,150 for AED 100,000 over 48 months at 1.99% flat. On Gcalculate.com, input price, down payment, and salary for precise totals, navigating rates (1.99%-9.99%), eligibility (AED 5,000 min), and Islamic options (2.49% profit). With LTV 80% and 1% fees, compare FAB, Mashreq, and Emirates Islamic to save thousands. Pre-approve, factor DBR <50%, and drive confidently—start calculating now and share your loan amount below!
Input vehicle price (AED 125,000), down payment (20%), rate (2.99% flat), and tenure (48 months) on Gcalculate.com; it computes EMI (AED 700), interest (AED 3,200), total (AED 103,200).
Flat rates 1.99%-3.49% new, 5.99%-9.99% used; reducing 4.10%-6.50%. FAB at 1.99%, Mashreq 5.99%—calculators compare.
Salaried: AED 5,000-8,000 min, 6+ months employed; self-employed: AED 25,000, trade license. LTV 80%, DBR <50%.
20% min (AED 25,000 on AED 125,000 car); higher lowers EMI/interest.
Yes—profit rates 2.49%-6.50% (Emirates Islamic); Sharia-compliant, similar EMIs to conventional.
1% processing (AED 1,000 on AED 100,000), 1-2% insurance; salary transfer waives some.
12-60 months; longer lowers EMI (AED 700 at 48 vs. AED 1,000 at 24) but raises interest.
Yes, AED 25,000 min salary, trade license, 1-year business; rates 1-2% higher than salaried.