What is the car loan process for purchasing a Mitsubishi Attrage 2023 1.2 GLX LL in Oman?

To obtain a car loan for the Mitsubishi Attrage 2023 1.2 GLX LL in Oman, you need to apply through a bank or financial institution, provide necessary documents such as proof of income, identification, and vehicle details, and then wait for the loan approval.

Will taking a car loan affect my credit score?

Yes, taking a car loan can affect your credit score. If you make timely payments, it can improve your score, but missed payments may negatively impact it.

What should I consider before applying for a car loan?

Before applying for a car loan, consider your budget, loan terms, interest rates, and whether you can afford monthly payments without straining your finances.

What factors can affect the car loan interest rates in Oman?

Factors affecting car loan interest rates in Oman include your credit score, loan amount, loan term, and the bank's policies.

Are there any additional fees associated with car loans in Oman?

Yes, there may be additional fees such as processing fees, insurance requirements, and early repayment penalties depending on the bank's policies.

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Mitsubishi Attrage 2023 1.2 GLX LL Car Loan Calculator in OMAN

To finance this car, you can first calculate the installment price in OMAN

Monthly Payment

OMR 391

Down Payment

OMR 1,160

Total Cost

OMR 5,852

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	OMR 391	OMR 4,301
2	OMR 391	OMR 3,910
3	OMR 391	OMR 3,519
4	OMR 391	OMR 3,128
5	OMR 391	OMR 2,737
6	OMR 391	OMR 2,346
7	OMR 391	OMR 1,955
8	OMR 391	OMR 1,564
9	OMR 391	OMR 1,173
10	OMR 391	OMR 782
11	OMR 391	OMR 391
12	OMR 391	OMR 0

Monthly Payment Composition

Interest: 5

Principal: 386

Mitsubishi Attrage 2023 1.2 GLX LL Car Loan Calculator FAQs in Oman

To obtain a car loan for the Mitsubishi Attrage 2023 1.2 GLX LL in Oman, you need to apply through a bank or financial institution, provide necessary documents such as proof of income, identification, and vehicle details, and then wait for the loan approval.
Yes, taking a car loan can affect your credit score. If you make timely payments, it can improve your score, but missed payments may negatively impact it.
Before applying for a car loan, consider your budget, loan terms, interest rates, and whether you can afford monthly payments without straining your finances.
Factors affecting car loan interest rates in Oman include your credit score, loan amount, loan term, and the bank's policies.
Yes, there may be additional fees such as processing fees, insurance requirements, and early repayment penalties depending on the bank's policies.