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MG RX8 2024 2.0T STD (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 681

Down Payment

OMR 2,019

Total Cost

OMR 10,191

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1OMR 681OMR 7,491
2OMR 681OMR 6,810
3OMR 681OMR 6,129
4OMR 681OMR 5,448
5OMR 681OMR 4,767
6OMR 681OMR 4,086
7OMR 681OMR 3,405
8OMR 681OMR 2,724
9OMR 681OMR 2,043
10OMR 681OMR 1,362
11OMR 681OMR 681
12OMR 681OMR 0

Monthly Payment Composition

Interest: 9
Principal: 672

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

The car loan process generally involves choosing a lender, submitting an application, providing necessary documentation, and awaiting approval before finalizing the purchase.

Yes, taking out a loan can impact your credit score. Timely payments can improve it, while missed payments may harm it.

Key factors include interest rates, loan tenure, down payment requirements, and your financial stability.

Interest rates can vary based on your credit history, the lender's policies, and the current economic conditions.

Typically, you will need identification, proof of income, bank statements, and details about the car you wish to purchase.