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Peugeot 5008 2020 1.6T GT Line 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 904

Down Payment

OMR 2,680

Total Cost

OMR 13,528

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1OMR 904OMR 9,944
2OMR 904OMR 9,040
3OMR 904OMR 8,136
4OMR 904OMR 7,232
5OMR 904OMR 6,328
6OMR 904OMR 5,424
7OMR 904OMR 4,520
8OMR 904OMR 3,616
9OMR 904OMR 2,712
10OMR 904OMR 1,808
11OMR 904OMR 904
12OMR 904OMR 0

Monthly Payment Composition

Interest: 11
Principal: 893

Peugeot 5008 2020 1.6T GT Line Car Loan Calculator FAQs in Oman

  • In Oman, banks typically offer personal loans or auto financing specifically for vehicle purchases. You can compare interest rates and terms from various banks to find the best option.
  • To apply for a car loan, you typically need to visit a bank branch or apply online. You will need to provide documents such as your identification, proof of income, and details of the vehicle.
  • Yes, taking out a loan can affect your credit score. If you make timely payments, it can improve your score, but missed payments can lead to a decrease.
  • Consider the total cost of the loan, including interest rates, loan terms, and any additional fees. Ensure that the monthly payments fit within your budget.
  • Factors that can affect the interest rate include your credit score, the loan amount, the loan tenure, and current market conditions.