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MG 6 2023 1.5T LUX 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 519

Down Payment

OMR 1,540

Total Cost

OMR 7,768

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1OMR 519OMR 5,709
2OMR 519OMR 5,190
3OMR 519OMR 4,671
4OMR 519OMR 4,152
5OMR 519OMR 3,633
6OMR 519OMR 3,114
7OMR 519OMR 2,595
8OMR 519OMR 2,076
9OMR 519OMR 1,557
10OMR 519OMR 1,038
11OMR 519OMR 519
12OMR 519OMR 0

Monthly Payment Composition

Interest: 6
Principal: 513

MG 6 2023 1.5T LUX Car Loan Calculator FAQs in Oman

In Oman, you can consider options such as bank loans, dealership financing, or personal loans. Each option may have different interest rates and terms.

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

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

Be aware of the interest rates, loan terms, any hidden fees, and the total cost of the loan over time. Ensure you can afford the monthly payments.

Factors influencing loan interest rates include your credit score, the length of the loan, the lender’s policies, and economic conditions.