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Car finance calculator UAE

Calculate car finance. Compare UAE bank rates.

Choose a car, adjust your down payment and term, and see an instant monthly estimate. No sign-up. No personal details.

Freefinance calculator 8bank products tracked 60 momaximum term
Not sure what you can afford?Check your car budget →
Finance a carChoose your vehicle
Anonymous estimate
AED
Down payment20%AED —
20%80%
Finance term
Estimated monthlyAED —Representative estimate
Down paymentAED —
Finance amountAED —
Term60 months
Total payableAED —
Advanced filters Optional

No name, phone number, email address, Emirates ID or financial documents are collected by the DubaiWheels Finance comparison tool.

UAE bank rate references

Banks we track

8 configured finance products · independent reference data · updated 1 Sep 2026

Car finance guide

How car finance works in the UAE

Car finance lets you pay part of the vehicle price upfront and repay the financed balance over an agreed term. DubaiWheels helps you model the numbers before you visit a bank or finance provider.

01

Vehicle price

Start with the actual car or trim price. A higher vehicle price increases both the amount financed and the monthly payment.

02

Down payment

A larger down payment reduces the amount you need to finance. The calculator defaults to 20% and lets you test higher amounts.

03

Finance term

Longer terms can reduce the monthly payment but may increase the overall financing cost. Compare both monthly and total cost.

UAE regulatory reference

The CBUAE Rulebook states that a car loan should not exceed 80% of the financed vehicle value and the maximum repayment period is 60 months. Always verify current rules and your bank’s own terms before applying.

View CBUAE Rulebook source ↗
Understand the rate

Flat rate vs reducing rate car finance

These percentages are not directly interchangeable. Looking at only the headline rate can make two finance options look more similar than they really are.

Flat rate

Flat-rate interest is calculated using the original financed amount across the agreed term. UAE banks often advertise car finance using a flat annual rate.

Useful for:Understanding an advertised flat-rate offer.

Reducing rate

A reducing-balance rate applies interest to the outstanding balance as it falls over time. It is often numerically higher than the equivalent flat rate.

Useful for:Comparing financing cost on a reducing-balance basis.
Compare properly

What to compare before choosing car finance

The cheapest-looking rate is not always the lowest-cost option. DubaiWheels puts the key figures together so you can compare the same inputs across products.

Monthly paymentWhat you are estimated to pay each month.
Total finance costThe estimated financing cost over the chosen term.
Processing feeCheck whether the bank lists a fixed fee, percentage fee or other charges.
Salary requirementSome products publish minimum income requirements.
Salary transferSome finance products may require or prefer salary transfer.
Official sourceAlways verify the latest terms on the bank’s own website before acting.
UAE bank rate snapshot

Car finance rates at a glance

Indicative published information. Compare the headline figures, then verify the latest terms on each bank’s official source.

Conventional

Emirates NBD

Fixed Rate Auto Loan

Flat from2.69%
Reducing from5.06%
Max term60 mo
Conventional

First Abu Dhabi Bank

Car Loan for Salaried Individuals

Flat from2.15%
Reducing from4.10%
Max term60 mo
Islamic finance

Dubai Islamic Bank

Al Islami Auto Finance

Flat from2.15%
Reducing from3.93%
Max term60 mo
Conventional

RAKBANK

RAKauto Loan

Flat from2.20%
Reducing from—
Max term60 mo
Conventional

Mashreq

CashIn Car Loan

Flat from3.19%
Reducing from5.99%
Max term60 mo
Islamic finance

Emirates Islamic

New Auto Finance

Flat from2.49%
Reducing from4.72%
Max term60 mo
Conventional

Abu Dhabi Commercial Bank

Conventional Car Loan

Flat from1.75%
Reducing from3.35%
Max term60 mo
Islamic finance

Abu Dhabi Islamic Bank

Auto Finance

Flat from1.99%
Reducing from—
Max term60 mo
Car finance UAE FAQ

Common questions about car finance calculations

These answers are for general information. A bank’s official terms and your personal eligibility determine the actual finance offer.

How much down payment is used for car finance in the UAE?
The calculator starts at the configured minimum down payment. The CBUAE car-loan rule states bank car finance should not exceed 80% of the vehicle value, which corresponds to at least 20% funded outside the car loan. Individual bank requirements can be stricter.
What is the maximum car finance term in the UAE?
The CBUAE Rulebook states a maximum car-loan repayment period of 60 months. Some products or vehicles may have shorter available terms.
Does DubaiWheels provide or arrange car finance?
No. DubaiWheels currently provides anonymous calculations and comparison information only. It does not submit a finance application or make approval decisions.
Are the monthly payment estimates guaranteed?
No. They are indicative calculations based on the price, down payment, term and configured bank information. Actual rates, fees and approval terms are set by the finance provider.
Can I compare Islamic car finance?
Yes. When Islamic finance products are configured, use the Islamic filter in the comparison results.
Can I calculate finance for a car not listed on DubaiWheels?
Yes. Enter the vehicle or trim name and the price manually. The monthly estimate and bank comparison will work in the same way.
What is the difference between flat and reducing rates?
A flat rate is calculated using the original financed amount, while a reducing rate is applied to the outstanding balance as it falls. The percentages therefore should not be compared as if they were the same calculation method.
How do I know what car I can afford?
Use the separate DubaiWheels Car Affordability Calculator to estimate a possible vehicle budget from salary, current monthly commitments, card limits and down payment.
Next step

Explore more DubaiWheels tools

Car Affordability CalculatorEstimate what car price may fit your monthly budget.Check my budget → Browse New CarsCompare new cars, prices and trims on DubaiWheels.Explore new cars →
Independent estimate notice

DubaiWheels provides anonymous indicative finance calculations using publicly available or administrator-maintained product information. We do not provide credit, arrange finance or make approval decisions. Actual rates, eligibility, fees and terms are determined by the finance provider.

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