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MG ZS 2023 1.5L LUX 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 465

Down Payment

OMR 1,380

Total Cost

OMR 6,960

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1OMR 465OMR 5,115
2OMR 465OMR 4,650
3OMR 465OMR 4,185
4OMR 465OMR 3,720
5OMR 465OMR 3,255
6OMR 465OMR 2,790
7OMR 465OMR 2,325
8OMR 465OMR 1,860
9OMR 465OMR 1,395
10OMR 465OMR 930
11OMR 465OMR 465
12OMR 465OMR 0

Monthly Payment Composition

Interest: 5
Principal: 460

MG ZS 2023 1.5L LUX Car Loan Calculator FAQs in Oman

In Oman, you can choose from various financing options such as bank loans, dealership financing, and personal loans. Each option has different terms and interest rates.

To apply for a car loan, you typically need to visit your chosen bank or financial institution, provide necessary documentation such as income proof and identification, and fill out the loan application form.

Yes, taking a loan can affect your credit score. If you repay the loan on time, it can improve your score, but missed payments can negatively impact it.

Consider the interest rates, loan terms, your monthly budget, and any additional fees or charges. It's also important to compare offers from different lenders.

Factors influencing the interest rate include your credit score, loan amount, loan term, and prevailing market rates. Additionally, the lender's policies may also play a role.