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MG RX8 2023 2.0T Black Edition (AWD) 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 843

Down Payment

OMR 2,500

Total Cost

OMR 12,616

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1OMR 843OMR 9,273
2OMR 843OMR 8,430
3OMR 843OMR 7,587
4OMR 843OMR 6,744
5OMR 843OMR 5,901
6OMR 843OMR 5,058
7OMR 843OMR 4,215
8OMR 843OMR 3,372
9OMR 843OMR 2,529
10OMR 843OMR 1,686
11OMR 843OMR 843
12OMR 843OMR 0

Monthly Payment Composition

Interest: 10
Principal: 833

MG RX8 2023 2.0T Black Edition (AWD) Car Loan Calculator FAQs in Oman

In Oman, you can typically find various loan options such as fixed-rate loans, variable-rate loans, and leasing options through local banks and financial institutions.

You can apply for a car loan by visiting your preferred bank or financial institution, submitting the required documents, and filling out a loan application form.

Yes, taking a car loan can affect your credit score as it increases your total debt load, but timely payments can help improve your credit score.

Be aware of the interest rates, loan terms, and any additional fees or charges. It's also important to check your credit score beforehand.

Factors that can affect the loan interest rate include your credit score, loan amount, loan term, and current market conditions.