What are the loan options available for purchasing a Jeep Compass 2020 2.4L Longitude (4x4) in Oman?

In Oman, you can choose between various loan options such as conventional auto loans, Islamic auto financing, and special promotional rates offered by banks or dealerships.

How do I apply for a car loan for the Jeep Compass 2020 in Oman?

To apply for a car loan in Oman, you typically need to fill out an application form, provide identification, proof of income, and details of the vehicle you wish to purchase.

Will taking out a loan for the Jeep Compass affect my credit score?

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

What factors should I consider when applying for a car loan?

Consider interest rates, loan terms, monthly payments, your credit history, and the total cost of the loan when applying for a car loan.

What influences the interest rates on car loans in Oman?

Interest rates on car loans in Oman can be influenced by factors such as the central bank's rates, your credit score, the loan amount, and the duration of the loan.

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Jeep Compass 2020 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 2020 2.4L Longitude (4x4) Car Loan Calculator FAQs in Oman

In Oman, you can choose between various loan options such as conventional auto loans, Islamic auto financing, and special promotional rates offered by banks or dealerships.
To apply for a car loan in Oman, you typically need to fill out an application form, provide identification, proof of income, and details of the vehicle you wish to purchase.
Yes, taking out a loan can affect your credit score. Timely repayments can improve your score, while missed payments can harm it.
Consider interest rates, loan terms, monthly payments, your credit history, and the total cost of the loan when applying for a car loan.
Interest rates on car loans in Oman can be influenced by factors such as the central bank's rates, your credit score, the loan amount, and the duration of the loan.