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Kia K8 2023 2.5L GDI 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 944

Down Payment

OMR 2,800

Total Cost

OMR 14,128

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1OMR 944OMR 10,384
2OMR 944OMR 9,440
3OMR 944OMR 8,496
4OMR 944OMR 7,552
5OMR 944OMR 6,608
6OMR 944OMR 5,664
7OMR 944OMR 4,720
8OMR 944OMR 3,776
9OMR 944OMR 2,832
10OMR 944OMR 1,888
11OMR 944OMR 944
12OMR 944OMR 0

Monthly Payment Composition

Interest: 11
Principal: 933

Kia K8 2023 2.5L GDI Car Loan Calculator FAQs in Oman

In Oman, you can typically find various loan options including installment loans, personal loans, and dealer financing specifically tailored for purchasing vehicles like the Kia K8 2023.

To apply for a car loan, you can visit a bank or financial institution in Oman, fill out an application form, provide the necessary documentation such as income proof, and submit it for approval.

Yes, taking a loan can impact your credit score as it adds to your credit history and increases your debt-to-income ratio, which lenders consider when assessing your creditworthiness.

When applying for a car loan, be aware of the interest rates, loan terms, any hidden fees, and ensure you have a good understanding of the repayment schedule.

Factors that can affect the loan interest rate include your credit score, the loan amount, the term length, and the current economic conditions in Oman.