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Peugeot 508 2018 1.6T Access 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 715

Down Payment

OMR 2,120

Total Cost

OMR 10,700

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1OMR 715OMR 7,865
2OMR 715OMR 7,150
3OMR 715OMR 6,435
4OMR 715OMR 5,720
5OMR 715OMR 5,005
6OMR 715OMR 4,290
7OMR 715OMR 3,575
8OMR 715OMR 2,860
9OMR 715OMR 2,145
10OMR 715OMR 1,430
11OMR 715OMR 715
12OMR 715OMR 0

Monthly Payment Composition

Interest: 9
Principal: 706

Peugeot 508 2018 1.6T Access Car Loan Calculator FAQs in Oman

  • In Oman, you can choose from various financing options such as bank loans, dealership financing, or leasing. It's advisable to compare interest rates and terms from different banks.
  • To apply for a car loan, you need to visit your chosen bank, provide necessary documents such as your ID, salary certificate, and proof of residence, and fill out the loan application form.
  • Yes, taking a car loan can impact your credit score. Timely repayments can improve your score, while missed payments can negatively affect it.
  • Consider factors like the interest rate, loan tenure, monthly installment amount, and any additional fees. Also, assess your monthly budget to ensure affordability.
  • Loan interest rates can be influenced by factors such as the central bank's policy, the overall economic situation, your credit score, and the bank's terms.