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JAC S3 2024 1.6L Luxury 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 364

Down Payment

OMR 1,080

Total Cost

OMR 5,448

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1OMR 364OMR 4,004
2OMR 364OMR 3,640
3OMR 364OMR 3,276
4OMR 364OMR 2,912
5OMR 364OMR 2,548
6OMR 364OMR 2,184
7OMR 364OMR 1,820
8OMR 364OMR 1,456
9OMR 364OMR 1,092
10OMR 364OMR 728
11OMR 364OMR 364
12OMR 364OMR 0

Monthly Payment Composition

Interest: 5
Principal: 359

JAC S3 2024 1.6L Luxury Car Loan Calculator FAQs in Oman

In Oman, you can typically find options such as fixed-rate loans, variable-rate loans, and personal loans from various banks and financial institutions.

When you apply for a car loan, it may temporarily lower your credit score due to the hard inquiry made by lenders. However, timely payments can improve your score over time.

Typically, you will need to provide proof of income, a valid ID, residency proof, and details of the vehicle you wish to purchase.

Factors include your credit score, loan amount, loan term, and the bank's policies. Additionally, the type of vehicle may also play a role.

Yes, borrowers should be aware of potential fees such as processing fees, insurance requirements, and prepayment penalties. It's important to read the loan agreement carefully.