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

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

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

To apply for a car loan, you typically need to visit a bank or financial institution, provide necessary documents such as ID, income proof, and vehicle details, and fill out an application form.

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

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

What should I be aware of when taking a car loan for the Jeep Compass?

You should be aware of the interest rates, loan tenure, processing fees, and any potential penalties for early repayment.

What factors affect the loan interest rate in Oman?

Factors that affect the loan interest rate include the central bank's policy rates, your credit score, loan amount, and the term of the loan.

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

In Oman, you can choose from various 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 visit a bank or financial institution, provide necessary documents such as ID, income proof, and vehicle details, and fill out an application form.
Yes, taking a car loan can impact your credit score. Timely payments can improve your score, while missed payments can negatively affect it.
You should be aware of the interest rates, loan tenure, processing fees, and any potential penalties for early repayment.
Factors that affect the loan interest rate include the central bank's policy rates, your credit score, loan amount, and the term of the loan.