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JAC T8 2023 2.0T DC Classic (4x4) 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 492

Down Payment

OMR 1,460

Total Cost

OMR 7,364

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1OMR 492OMR 5,412
2OMR 492OMR 4,920
3OMR 492OMR 4,428
4OMR 492OMR 3,936
5OMR 492OMR 3,444
6OMR 492OMR 2,952
7OMR 492OMR 2,460
8OMR 492OMR 1,968
9OMR 492OMR 1,476
10OMR 492OMR 984
11OMR 492OMR 492
12OMR 492OMR 0

Monthly Payment Composition

Interest: 6
Principal: 486

JAC T8 2023 2.0T DC Classic (4x4) Car Loan Calculator FAQs in Oman

In Oman, you can choose from various financing options including bank loans, dealership financing, and leasing. It's best to compare interest rates and terms from different banks.

To apply for a car loan, you need to visit a bank or financial institution, fill out an application form, provide necessary documents like ID, salary proof, and details of the vehicle.

Yes, taking a car loan can affect your credit score. Timely repayments can improve your score, while late payments can harm it.

Consider the interest rate, loan term, monthly payment amount, and your current financial situation before committing to a loan.

Factors include your credit score, the loan amount, the duration of the loan, and the bank's policies.