What are the common loan options available for purchasing the Honda Accord 2024 1.5T EX in Oman?

In Oman, common loan options include traditional bank loans, Islamic financing, and dealership financing. Each option has its own terms and conditions.

How can I apply for a car loan for the Honda Accord 2024 1.5T EX?

You can apply for a loan by visiting a bank or financial institution in Oman, filling out an application form, and providing necessary documentation such as income proof and identification.

Will taking a car loan affect my credit score?

Yes, taking a car loan can affect your credit score. Timely repayments can improve your score, while missed payments can lower it.

What factors should I be aware of when taking out a car loan?

Be aware of the interest rates, loan terms, monthly payments, and any additional fees associated with the loan.

What factors can influence the loan interest rates in Oman?

Factors influencing loan interest rates include the central bank's rate, inflation, your credit history, and the loan amount.

CarteaCar Loan Calculator

Honda Accord 2024 1.5T EX Car Loan Calculator in OMAN

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

Monthly Payment

OMR 930

Down Payment

OMR 2,760

Total Cost

OMR 13,920

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	OMR 930	OMR 10,230
2	OMR 930	OMR 9,300
3	OMR 930	OMR 8,370
4	OMR 930	OMR 7,440
5	OMR 930	OMR 6,510
6	OMR 930	OMR 5,580
7	OMR 930	OMR 4,650
8	OMR 930	OMR 3,720
9	OMR 930	OMR 2,790
10	OMR 930	OMR 1,860
11	OMR 930	OMR 930
12	OMR 930	OMR 0

Monthly Payment Composition

Interest: 10

Principal: 920

Honda Accord 2024 1.5T EX Car Loan Calculator FAQs in Oman

In Oman, common loan options include traditional bank loans, Islamic financing, and dealership financing. Each option has its own terms and conditions.
You can apply for a loan by visiting a bank or financial institution in Oman, filling out an application form, and providing necessary documentation such as income proof and identification.
Yes, taking a car loan can affect your credit score. Timely repayments can improve your score, while missed payments can lower it.
Be aware of the interest rates, loan terms, monthly payments, and any additional fees associated with the loan.
Factors influencing loan interest rates include the central bank's rate, inflation, your credit history, and the loan amount.