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Ford Explorer 2023 2.3L EcoBoost XLT (Mid Option) AWD 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 1,274

Down Payment

OMR 3,780

Total Cost

OMR 19,068

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1OMR 1,274OMR 14,014
2OMR 1,274OMR 12,740
3OMR 1,274OMR 11,466
4OMR 1,274OMR 10,192
5OMR 1,274OMR 8,918
6OMR 1,274OMR 7,644
7OMR 1,274OMR 6,370
8OMR 1,274OMR 5,096
9OMR 1,274OMR 3,822
10OMR 1,274OMR 2,548
11OMR 1,274OMR 1,274
12OMR 1,274OMR 0

Monthly Payment Composition

Interest: 14
Principal: 1260

Ford Explorer 2023 2.3L EcoBoost XLT (Mid Option) AWD Car Loan Calculator FAQs in Oman

In Oman, you can choose from various loan options including personal loans, auto loans, and financing plans offered by banks and financial institutions specifically for vehicle purchases.

To apply for a car loan, you typically need to visit a bank or financial institution, provide necessary documents such as proof of income, residency, and identification, and fill out a loan application form.

Yes, taking out a loan can affect your credit score. If you make timely payments, it can improve your score, but missing payments can have a negative impact.

Consider factors such as the interest rate, loan term, monthly payments, your credit score, and any additional fees or charges associated with the loan.

Interest rates can be influenced by factors such as your credit score, the loan amount, the term of the loan, prevailing market rates, and the policies of the lending institution.