What are the loan options available for purchasing a Jeep Compass 2019 2.4L Longitude (4x4) in Oman?

In Oman, you can choose from several loan options, including fixed-rate loans, variable-rate loans, and personal loans specifically designed for vehicle purchases.

How do I apply for a car loan for the Jeep Compass in Oman?

To apply for a car loan, you typically need to provide identification, proof of income, and any relevant documents about the vehicle. You can apply through banks or financial institutions online or in-person.

Will taking a car loan affect my credit score in Oman?

Yes, taking a car loan can affect your credit score. Timely payments can improve your score, while missed payments can lower it.

What should I be aware of when taking out a car loan in Oman?

Be aware of the interest rates, loan terms, any additional fees, and the total cost of the loan over its duration. Understanding these factors can help you make a better financial decision.

What factors can influence the loan interest rate for the Jeep Compass in Oman?

Factors that can influence the loan interest rate include your credit score, the loan amount, the loan term, and the financial institution's policies.

CarteaCar Loan Calculator

Jeep Compass 2019 2.4L Longitude (4x4) Car Loan Calculator in OMAN

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

Monthly Payment

OMR 708

Down Payment

OMR 2,100

Total Cost

OMR 10,596

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	OMR 708	OMR 7,788
2	OMR 708	OMR 7,080
3	OMR 708	OMR 6,372
4	OMR 708	OMR 5,664
5	OMR 708	OMR 4,956
6	OMR 708	OMR 4,248
7	OMR 708	OMR 3,540
8	OMR 708	OMR 2,832
9	OMR 708	OMR 2,124
10	OMR 708	OMR 1,416
11	OMR 708	OMR 708
12	OMR 708	OMR 0

Monthly Payment Composition

Interest: 9

Principal: 699

Jeep Compass 2019 2.4L Longitude (4x4) Car Loan Calculator FAQs in Oman

In Oman, you can choose from several loan options, including fixed-rate loans, variable-rate loans, and personal loans specifically designed for vehicle purchases.
To apply for a car loan, you typically need to provide identification, proof of income, and any relevant documents about the vehicle. You can apply through banks or financial institutions online or in-person.
Yes, taking a car loan can affect your credit score. Timely payments can improve your score, while missed payments can lower it.
Be aware of the interest rates, loan terms, any additional fees, and the total cost of the loan over its duration. Understanding these factors can help you make a better financial decision.
Factors that can influence the loan interest rate include your credit score, the loan amount, the loan term, and the financial institution's policies.