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Dodge Charger 2023 5.7L R/T Car Loan Calculator in OMAN

To finance this car, you can first calculate the installment price in OMAN

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car price (OMR)*

down payment *
%
Loan Period (years) *
Y
interest rate *
%
calculate

Monthly Payment

OMR 1,005

Down Payment

OMR 2,980

Total Cost

OMR 15,040

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1OMR 1,005OMR 11,055
2OMR 1,005OMR 10,050
3OMR 1,005OMR 9,045
4OMR 1,005OMR 8,040
5OMR 1,005OMR 7,035
6OMR 1,005OMR 6,030
7OMR 1,005OMR 5,025
8OMR 1,005OMR 4,020
9OMR 1,005OMR 3,015
10OMR 1,005OMR 2,010
11OMR 1,005OMR 1,005
12OMR 1,005OMR 0

Monthly Payment Composition

Interest: 12
Principal: 993

Dodge Charger 2023 5.7L R/T Car Loan Calculator FAQs in Oman

The car loan process typically involves submitting a loan application, providing necessary documents (such as proof of income and identity), and getting approval from the bank. Once approved, you can finalize the purchase.

Taking a car loan can impact your credit score positively if you make timely payments. However, if you miss payments, it could negatively affect your credit rating.

Important factors include your credit history, the interest rate offered by the bank, the loan tenure, and the down payment amount. Make sure to compare offers from different banks.

The typical interest rate for a car loan in Oman ranges from 4% to 7%, depending on the bank and your credit profile. It's advisable to check with multiple lenders.

You will generally need to provide proof of identity, proof of income (such as salary certificates), bank statements, and any other documentation requested by the bank.