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MG GT 2024 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 416

Down Payment

OMR 1,234

Total Cost

OMR 6,226

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1OMR 416OMR 4,576
2OMR 416OMR 4,160
3OMR 416OMR 3,744
4OMR 416OMR 3,328
5OMR 416OMR 2,912
6OMR 416OMR 2,496
7OMR 416OMR 2,080
8OMR 416OMR 1,664
9OMR 416OMR 1,248
10OMR 416OMR 832
11OMR 416OMR 416
12OMR 416OMR 0

Monthly Payment Composition

Interest: 5
Principal: 411

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

The car loan process typically involves selecting the vehicle, applying for a loan at a bank or financial institution, providing necessary documentation, and then finalizing the loan terms before purchasing the car.

Yes, taking a car loan can affect your credit score. If you make timely payments, it can improve your score, but missed payments can harm it.

Consider your budget, interest rates, loan terms, and the total cost of ownership, including insurance and maintenance.

Factors include your credit score, the loan amount, the loan term, and prevailing market interest rates.

Yes, additional fees may include processing fees, insurance costs, and early repayment penalties.