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MG RX5 2024 1.5T STD Car Loan Calculator in OMAN

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

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car price (OMR)*

down payment *
%
Loan Period (years) *
Y
interest rate *
%
calculate

Monthly Payment

OMR 542

Down Payment

OMR 1,607

Total Cost

OMR 8,111

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1OMR 542OMR 5,962
2OMR 542OMR 5,420
3OMR 542OMR 4,878
4OMR 542OMR 4,336
5OMR 542OMR 3,794
6OMR 542OMR 3,252
7OMR 542OMR 2,710
8OMR 542OMR 2,168
9OMR 542OMR 1,626
10OMR 542OMR 1,084
11OMR 542OMR 542
12OMR 542OMR 0

Monthly Payment Composition

Interest: 7
Principal: 535

MG RX5 2024 1.5T STD Car Loan Calculator FAQs in Oman

The loan process typically involves choosing a bank, submitting your application with necessary documents, and awaiting approval before finalizing the purchase.

Yes, taking out a loan can impact your credit score, as it reflects your credit utilization and repayment history.

Consider your budget, interest rates, loan terms, and your ability to make monthly payments.

Factors include your credit score, the loan amount, repayment period, and the bank's policies.

Yes, some banks may charge processing fees, insurance fees, or early repayment fees, so it's important to read the loan agreement carefully.