What are the loan options available for purchasing a Hyundai Accent 2020 1.6L GLS in Oman?

In Oman, you can find various loan options from banks and financial institutions, including fixed-rate loans, variable-rate loans, and personal loans specifically designed for car purchases.

How do I apply for a car loan for the Hyundai Accent 2020 in Oman?

You can apply for a car loan by visiting your chosen bank or financial institution, submitting the necessary documents such as ID, income proof, and vehicle details, and completing the loan application form.

Will taking a car loan affect my credit score in Oman?

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

What factors should I consider when taking out a car loan?

Consider factors such as the interest rate, loan term, monthly payment, down payment, and any additional fees or insurance requirements.

What factors influence the loan interest rate for a car in Oman?

Factors that influence loan interest rates include your credit score, the loan amount, loan term, current market rates, and the bank's policies.

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Hyundai Accent 2020 1.6L GLS Car Loan Calculator in OMAN

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

Monthly Payment

OMR 356

Down Payment

OMR 1,056

Total Cost

OMR 5,328

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	OMR 356	OMR 3,916
2	OMR 356	OMR 3,560
3	OMR 356	OMR 3,204
4	OMR 356	OMR 2,848
5	OMR 356	OMR 2,492
6	OMR 356	OMR 2,136
7	OMR 356	OMR 1,780
8	OMR 356	OMR 1,424
9	OMR 356	OMR 1,068
10	OMR 356	OMR 712
11	OMR 356	OMR 356
12	OMR 356	OMR 0

Monthly Payment Composition

Interest: 4

Principal: 352

Hyundai Accent 2020 1.6L GLS Car Loan Calculator FAQs in Oman

In Oman, you can find various loan options from banks and financial institutions, including fixed-rate loans, variable-rate loans, and personal loans specifically designed for car purchases.
You can apply for a car loan by visiting your chosen bank or financial institution, submitting the necessary documents such as ID, income proof, and vehicle details, and completing the loan application form.
Yes, taking a car loan can impact your credit score. Timely payments can improve your score, while missed payments may lower it.
Consider factors such as the interest rate, loan term, monthly payment, down payment, and any additional fees or insurance requirements.
Factors that influence loan interest rates include your credit score, the loan amount, loan term, current market rates, and the bank's policies.