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Jeep Compass 2023 2.4L Limited (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 978

Down Payment

OMR 2,900

Total Cost

OMR 14,636

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1OMR 978OMR 10,758
2OMR 978OMR 9,780
3OMR 978OMR 8,802
4OMR 978OMR 7,824
5OMR 978OMR 6,846
6OMR 978OMR 5,868
7OMR 978OMR 4,890
8OMR 978OMR 3,912
9OMR 978OMR 2,934
10OMR 978OMR 1,956
11OMR 978OMR 978
12OMR 978OMR 0

Monthly Payment Composition

Interest: 12
Principal: 966

Jeep Compass 2023 2.4L Limited (4x4) Car Loan Calculator FAQs in Oman

In Oman, you can choose from various loan options including bank loans, dealership financing, and personal loans. Each option may have different interest rates and terms.

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

Yes, taking a car loan can impact your credit score as it involves a credit inquiry and affects your credit utilization. Timely payments can improve your score, while missed payments can harm it.

When signing a car loan agreement, ensure you understand the interest rate, repayment terms, any fees involved, and the total cost of the loan. Read the fine print carefully.

Factors affecting the interest rate include your credit score, income level, the loan amount, the repayment period, and the lender's policies.