HomeCar Loan Calculator

Honda City 2024 1.5L DX Car Loan Calculator in OMAN

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

Monthly Payment

OMR 500

Down Payment

OMR 1,482

Total Cost

OMR 7,482

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	OMR 500	OMR 5,500
2	OMR 500	OMR 5,000
3	OMR 500	OMR 4,500
4	OMR 500	OMR 4,000
5	OMR 500	OMR 3,500
6	OMR 500	OMR 3,000
7	OMR 500	OMR 2,500
8	OMR 500	OMR 2,000
9	OMR 500	OMR 1,500
10	OMR 500	OMR 1,000
11	OMR 500	OMR 500
12	OMR 500	OMR 0

Monthly Payment Composition

Interest: 6

Principal: 494

Honda City 2024 1.5L DX Car Loan Calculator FAQs in Oman

The car loan process generally involves selecting a bank, submitting necessary documents, filling out an application form, and awaiting approval based on your credit history and income.

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

Consider the interest rate, loan term, monthly payment, total cost of the loan, and your financial situation before applying.

A higher interest rate will increase your monthly payments, while a lower interest rate will decrease them, affecting the overall cost of the loan.

Typically, you will need identification, proof of income, bank statements, and details of the vehicle you wish to purchase.