HomeCar Loan Calculator

Genesis GV80 2023 2.5T Prestige (AWD) Car Loan Calculator in OMAN

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

select car *

car price (OMR)*

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

Monthly Payment

OMR 1,887

Down Payment

OMR 5,600

Total Cost

OMR 28,244

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1OMR 1,887OMR 20,757
2OMR 1,887OMR 18,870
3OMR 1,887OMR 16,983
4OMR 1,887OMR 15,096
5OMR 1,887OMR 13,209
6OMR 1,887OMR 11,322
7OMR 1,887OMR 9,435
8OMR 1,887OMR 7,548
9OMR 1,887OMR 5,661
10OMR 1,887OMR 3,774
11OMR 1,887OMR 1,887
12OMR 1,887OMR 0

Monthly Payment Composition

Interest: 21
Principal: 1866

Genesis GV80 2023 2.5T Prestige (AWD) Car Loan Calculator FAQs in Oman

In Oman, you can typically choose from various loan options such as personal loans, auto loans, or financing through the dealership. It's best to compare interest rates and terms from different banks.

You can apply for a car loan by visiting a bank or financial institution, providing necessary documents such as your ID, income proof, and details of the vehicle. Many banks also offer online applications.

Yes, applying for a car loan can affect your credit score. Each application may result in a hard inquiry, which can temporarily lower your score. It's important to manage your credit responsibly.

Consider the interest rate, loan term, monthly repayment amount, any fees associated with the loan, and your overall financial situation. Also, check for any prepayment penalties.

Interest rates can be influenced by factors such as the central bank's monetary policy, inflation rates, the borrower's credit score, and the loan term. Lenders may also consider the vehicle's value and age.