What are the typical loan terms for financing a Hyundai Accent 2021 1.6L GLS in Oman?

Typical loan terms for financing a Hyundai Accent in Oman range from 3 to 7 years, depending on the bank and your credit profile.

How do I apply for a car loan to purchase a Hyundai Accent 2021 in Oman?

You can apply for a car loan by visiting a bank branch, filling out an application form, and providing required documents such as your ID, proof of income, and vehicle details.

Will taking out a car loan affect my credit score?

Yes, taking out a car loan may affect your credit score as it adds to your overall debt. Timely payments can improve your score, while missed payments can lower it.

What factors can affect the interest rate on my car loan in Oman?

Factors that can affect your car loan interest rate include your credit score, loan amount, loan term, and the bank’s policies.

What should I consider before signing a car loan agreement?

Before signing a car loan agreement, consider the interest rate, total repayment amount, loan term, and any additional fees or charges.

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Hyundai Accent 2021 1.6L GLS Car Loan Calculator in OMAN

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

Monthly Payment

OMR 380

Down Payment

OMR 1,126

Total Cost

OMR 5,686

Car Loan Monthly Installments Schedule

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

Monthly Payment Composition

Interest: 5

Principal: 375

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

Typical loan terms for financing a Hyundai Accent in Oman range from 3 to 7 years, depending on the bank and your credit profile.
You can apply for a car loan by visiting a bank branch, filling out an application form, and providing required documents such as your ID, proof of income, and vehicle details.
Yes, taking out a car loan may affect your credit score as it adds to your overall debt. Timely payments can improve your score, while missed payments can lower it.
Factors that can affect your car loan interest rate include your credit score, loan amount, loan term, and the bank’s policies.
Before signing a car loan agreement, consider the interest rate, total repayment amount, loan term, and any additional fees or charges.