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Hyundai Accent 2021 1.6L GL 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 380

Down Payment

OMR 1,126

Total Cost

OMR 5,686

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1OMR 380OMR 4,180
2OMR 380OMR 3,800
3OMR 380OMR 3,420
4OMR 380OMR 3,040
5OMR 380OMR 2,660
6OMR 380OMR 2,280
7OMR 380OMR 1,900
8OMR 380OMR 1,520
9OMR 380OMR 1,140
10OMR 380OMR 760
11OMR 380OMR 380
12OMR 380OMR 0

Monthly Payment Composition

Interest: 5
Principal: 375

Hyundai Accent 2021 1.6L GL Car Loan Calculator FAQs in Oman

  • In Oman, you can choose from various banks and financial institutions that offer car loans specifically for purchasing a Hyundai Accent 2021 1.6L GL. Common options include fixed-rate loans, variable-rate loans, and personal loans tailored for vehicle purchases.
  • To apply for a car loan, you need to visit the bank or financial institution of your choice, fill out an application form, provide the necessary documentation such as proof of income and identification, and the details of the vehicle you wish to purchase.
  • Yes, taking a car loan can affect your credit score. If you make timely payments, it can positively impact your score. However, missing payments or defaulting can lead to a decrease in your credit score.
  • When taking out a car loan, be aware of the interest rates, loan term, any additional fees, and the total cost of the loan over time. It's also important to understand your monthly payment obligations.
  • Factors that can influence your car loan interest rate include your credit score, the loan amount, the loan term, and the overall economic environment. Banks may also consider the specific vehicle and its value.