HomeCar Loan Calculator

MG ZS 2024 1.3T 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 514

Down Payment

OMR 1,524

Total Cost

OMR 7,692

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1OMR 514OMR 5,654
2OMR 514OMR 5,140
3OMR 514OMR 4,626
4OMR 514OMR 4,112
5OMR 514OMR 3,598
6OMR 514OMR 3,084
7OMR 514OMR 2,570
8OMR 514OMR 2,056
9OMR 514OMR 1,542
10OMR 514OMR 1,028
11OMR 514OMR 514
12OMR 514OMR 0

Monthly Payment Composition

Interest: 7
Principal: 507

MG ZS 2024 1.3T LUX Car Loan Calculator FAQs in Oman

In Oman, you can choose from several financing options including bank loans, dealer financing, and personal loans. Banks usually offer competitive interest rates and flexible terms.

You can apply for a car loan by visiting a local bank or financial institution, submitting required documents like ID, proof of income, and the vehicle's details, and filling out the application form.

Yes, taking out a loan can affect your credit score. Timely repayments can improve your score, while late payments can lower it.

Before taking a car loan, be aware of the interest rates, loan terms, any additional fees, and your ability to repay the loan without financial strain.

Factors that can affect the interest rate include your credit score, the loan amount, the loan term, and the economic conditions at the time of borrowing.