Buying a car in the United Arab Emirates (UAE) is a thrilling experience, whether getting your first car or switching to a newer one. But, figuring out how much money this involves can feel overwhelming. That’s where a Car Loan EMI Calculator becomes super helpful. This tool makes it easy to understand how much you’ll need to pay monthly for your car. It’s a simple way to see your monthly car expenses before deciding. This advice is especially handy for beginners navigating car ownership and financing for the first time. 

So, before you buy a car, an EMI calculator can give you a clear picture of what to expect financially, making your car-buying journey smooth and informed. In this guide, we’ll explore the utility of these calculators, sample some trusted ones, and delve into their benefits.

What is the Use of a Car Loan EMI Calculator in the UAE?

Car Loan EMI Calculator

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An EMI (Equated Monthly Installment) calculator is an easy-to-use online tool for anyone in the UAE looking to buy a car on loan. It helps you determine how much you’ll need to pay monthly. You just need to enter the amount you want to borrow, the interest rate, and how long you’ll take to pay it back. This tool gives you a clear idea of your monthly expenses, helping you plan your budget better. It ensures you pick a loan that fits well with what you can afford, making the car-buying process smooth and stress-free. This advice is especially helpful for beginners navigating car loans for the first time.

Trusted Car Loan Calculators in the UAE

Several financial and car institutions in the UAE offer reliable EMI calculators to assist customers. Here are a few notable ones:

  • First Abu Dhabi Bank (FAB): FAB’s Car Loan Calculator is designed to give potential borrowers a quick glimpse into their loan obligations.
  • Abu Dhabi Islamic Bank (ADIB): The ADIB Car Finance Calculator focuses on providing Islamic finance options for car buyers.
  • Nissan Dubai: For those interested in Nissan vehicles, the Nissan UAE Finance Calculator offers tailored estimates that align with Nissan’s financing options.

How to Use the First Abu Dhabi Bank EMI Calculator?

First Abu Dhabi Bank EMI Calculator

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To use the First Abu Dhabi Bank EMI Calculator, follow these simplified steps:

  1. Navigate to the EMI calculator: Go to the First Abu Dhabi Bank EMI Calculator page using the provided link.
  2. Estimated car price: Use the slider to set the estimated cost of the car you’re interested in. The range provided is from AED 100,000 to AED 3,000,000. Adjust the slider until it reflects the vehicle price you’re considering, for example, AED 687,000.
  3. Down payment amount: Determine the amount you can pay upfront as a down payment. The slider allows for a range from AED 0 to AED 3,000,000. Adjust this slider to match your available down payment amount, for instance, AED 323,654.
  4. Down payment percentage: The calculator will automatically calculate the down payment rate relative to the car price. In the sample, it’s shown as 47.111%. This helps you understand how much of the car’s price you cover upfront.
  5. Loan amount needed: Adjust the slider to indicate how much you need to borrow. The range is from AED 15,000 to AED 1,500,000. Set it to the amount you need after subtracting the down payment from the car’s price, for example, AED 694,000.
  6. Repayment period: Choose the duration over which you will repay the loan. This can be set using the slider, with a sample period provided as 16 to 60 months. Select the number of months you prefer for repayment, such as 30 months.
  7. Annual interest rate: Adjust the slider to set the annual interest rate for your loan. The sample ranges from 0% to 5%, with a specific example at 2.35%. This rate will affect your monthly repayments.
  8. Reducing balance rate: If applicable, note the reducing balance rate, which is indicated as 0.045 in the sample. This rate gives you an idea of how the interest on your loan decreases over time as you pay off the principal amount.

After setting all these parameters, the calculator will provide you with an indicative monthly repayment amount. This tool helps you to estimate your financial commitment when taking out a loan for a car purchase, allowing you to plan accordingly based on your budget and repayment capability.

How to Use ADIB EMI Calculator?

ADIB EMI Calculator

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  1. Access ADIB’s car finance calculator: Go to the provided ADIB calculator link.
  2. Provide financing details: Fill in the car’s price, your down payment, insurance amount, the finance period (in months), and the profit rate.
  3. Get your estimate: Click Calculate to view your monthly payment, including the bank’s profit.

How to Use the Nissan UAE EMI Calculator?

Nissan UAE EMI Calculator

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  1. Visit Nissan Dubai’s finance calculator page: Use the link to access Nissan’s specific calculator.
  2. Input vehicle and loan information: Choose your preferred Nissan model and enter the price, down payment, finance amount, interest rate, and tenure.
  3. Calculate your EMI: With all the details in place, calculating your monthly payment estimate will give you a tailored estimate for Nissan’s financing options.

Benefits of Using UAE Car Loan EMI Calculators

When considering getting a car loan in the UAE, using an EMI (Equated Monthly Installment) calculator can be incredibly beneficial. Here’s why it’s a great tool, especially for beginners:

  • Financial planning: An EMI calculator gives you a clear picture of your monthly payments toward the car loan. This helps you budget effectively, ensuring you know exactly how much you must set aside each month.
  • Comparison: With so many financing options available, it can be overwhelming to choose the right one. An EMI calculator allows you to compare different loans to find the best fits your financial situation. This way, you can secure the most favourable terms and interest rates.
  • Time-saving: Understanding the specifics of car loans can be complex and time-consuming. An EMI calculator simplifies this process, providing you with the crucial information you need quickly and easily. This means you won’t have to spend hours consulting a financial advisor to grasp your loan details.
  • Accuracy: It is crucial to make an informed decision about financial commitments. An EMI calculator offers precise calculations, ensuring you have accurate information to base your decisions on. This accuracy helps avoid surprises down the line.

By leveraging these benefits, you can make a more informed and confident decision regarding your car loan, ensuring it aligns with your financial goals and capabilities.


Q: Can I trust the accuracy of these EMI calculators?

A: These calculators are designed to provide accurate estimates based on your inputs. However, the final loan offer may vary slightly based on additional factors the lender considers.

Q: Do I need to pay to use these calculators?

A: The EMI calculators banks and financial institutions provide are free.

Q: Can I use these calculators if I’m not buying a Nissan car or if I’m not banking with FAB or ADIB?

A: Absolutely! These calculators can give you a general idea of your potential loan payments, regardless of the car brand or banking affiliation.

Q: What if the actual interest rate differs from what I used in the calculator?

A: The EMI calculators give you an estimate based on the inputs you provide. You can always re-calculate if the interest rate differs to get a new estimate.

Q: Can I negotiate the terms of my car loan with the bank?

A: Yes, you often can negotiate the terms of your car loan, including the interest rate, depending on your credit history and relationship with the bank.

Final Thoughts

Navigating the financial aspects of buying a car in the UAE can be simple. Car Loan EMI Calculators help you understand your monthly commitments and make informed decisions. Whether you’re eyeing a Nissan or any other car brand, these tools are invaluable for planning your finances and ensuring your new car doesn’t strain your budget.

About Author

Rizalie Gumalog

About Author

Rizalie Gumalog is a digital storyteller known for her eclectic writing styles that captivate audiences. With her almost 3 years of experience, she crafts engaging articles that build meaningful connections between brands and their audience. Drawing inspiration from nature and music, Riza is committed to creating enriching experiences and is always ready for new digital explorations.