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MG GT 2024 1.5T LUX Car Loan Calculator in OMAN

To finance this car, you can first calculate the installment price in OMAN

Monthly Payment

OMR 507

Down Payment

OMR 1,505

Total Cost

OMR 7,589

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	OMR 507	OMR 5,577
2	OMR 507	OMR 5,070
3	OMR 507	OMR 4,563
4	OMR 507	OMR 4,056
5	OMR 507	OMR 3,549
6	OMR 507	OMR 3,042
7	OMR 507	OMR 2,535
8	OMR 507	OMR 2,028
9	OMR 507	OMR 1,521
10	OMR 507	OMR 1,014
11	OMR 507	OMR 507
12	OMR 507	OMR 0

Monthly Payment Composition

Interest: 6

Principal: 501

MG GT 2024 1.5T LUX Car Loan Calculator FAQs in Oman

The car loan process typically involves submitting an application, providing necessary documentation such as income proof and identification, and then awaiting approval from the bank.

Yes, taking a car loan can affect your credit score positively or negatively depending on your repayment behavior.

Consider the interest rates, loan terms, total loan amount, your credit history, and any additional fees.

If your loan is in a foreign currency, fluctuations in the exchange rate can increase or decrease the amount you owe in your local currency.

Yes, many banks in Oman frequently have promotions such as lower interest rates or reduced processing fees for car loans.