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JAC T8 2020 2.0T DC Classic (4x2) 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 452

Down Payment

OMR 1,340

Total Cost

OMR 6,764

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1OMR 452OMR 4,972
2OMR 452OMR 4,520
3OMR 452OMR 4,068
4OMR 452OMR 3,616
5OMR 452OMR 3,164
6OMR 452OMR 2,712
7OMR 452OMR 2,260
8OMR 452OMR 1,808
9OMR 452OMR 1,356
10OMR 452OMR 904
11OMR 452OMR 452
12OMR 452OMR 0

Monthly Payment Composition

Interest: 6
Principal: 446

JAC T8 2020 2.0T DC Classic (4x2) Car Loan Calculator FAQs in Oman

  • In Oman, you can choose from various financing options such as bank loans, dealership financing, or personal loans, depending on your creditworthiness and preferences.
  • To apply for a car loan, you typically need to visit a bank or financial institution, provide necessary documents like proof of income, identification, and details of the vehicle, and fill out the loan application form.
  • Yes, taking a car loan can impact your credit score. Timely payments can improve your score, while missed payments can harm it.
  • Consider factors such as the interest rate, loan tenure, monthly payments, total cost of the loan, and your current financial situation before applying.
  • Loan interest rates can be influenced by factors such as the central bank's monetary policy, your credit score, the loan amount, and the term of the loan.