CarteaCar Loan Calculator

MG GT 2023 1.5T STD 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 368

Down Payment

OMR 1,090

Total Cost

OMR 5,506

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1OMR 368OMR 4,048
2OMR 368OMR 3,680
3OMR 368OMR 3,312
4OMR 368OMR 2,944
5OMR 368OMR 2,576
6OMR 368OMR 2,208
7OMR 368OMR 1,840
8OMR 368OMR 1,472
9OMR 368OMR 1,104
10OMR 368OMR 736
11OMR 368OMR 368
12OMR 368OMR 0

Monthly Payment Composition

Interest: 5
Principal: 363

MG GT 2023 1.5T STD Car Loan Calculator FAQs in Oman

In Oman, you can typically choose between bank loans, dealership financing, and personal loans to finance your MG GT 2023 1.5T STD purchase.

Taking a loan can impact your credit score positively if you make timely payments, but missed payments can negatively affect your score.

Typically, you will need to provide identification, proof of income, bank statements, and details of the vehicle you wish to purchase.

Interest rates can be affected by your credit score, the loan amount, the loan term, and the lender's policies.

It depends on the interest rates and terms offered by both. Banks may offer lower rates, while dealerships may provide more flexible options.