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MG RX8 2024 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 809

Down Payment

OMR 2,400

Total Cost

OMR 12,108

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1OMR 809OMR 8,899
2OMR 809OMR 8,090
3OMR 809OMR 7,281
4OMR 809OMR 6,472
5OMR 809OMR 5,663
6OMR 809OMR 4,854
7OMR 809OMR 4,045
8OMR 809OMR 3,236
9OMR 809OMR 2,427
10OMR 809OMR 1,618
11OMR 809OMR 809
12OMR 809OMR 0

Monthly Payment Composition

Interest: 10
Principal: 799

MG RX8 2024 2.0T Black Edition (AWD) Car Loan Calculator FAQs in Oman

In Oman, you can typically choose from several financing options including bank loans, dealership financing, and personal loans. It's essential to compare the terms and interest rates of each option.

Taking a car loan can impact your credit score positively or negatively, depending on your payment history. Timely payments improve your score, while missed payments can lower it.

Before applying, consider your budget, the total cost of the loan including interest, your credit score, and whether the terms are manageable for your financial situation.

Factors that can affect your car loan interest rate include your credit score, the loan term, the lender’s policies, and the overall economic conditions.

Many lenders allow early repayment without penalty, but it’s essential to check your loan agreement for any specific terms related to early payment.