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Peugeot 508 2021 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 890

Down Payment

OMR 2,640

Total Cost

OMR 13,320

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1OMR 890OMR 9,790
2OMR 890OMR 8,900
3OMR 890OMR 8,010
4OMR 890OMR 7,120
5OMR 890OMR 6,230
6OMR 890OMR 5,340
7OMR 890OMR 4,450
8OMR 890OMR 3,560
9OMR 890OMR 2,670
10OMR 890OMR 1,780
11OMR 890OMR 890
12OMR 890OMR 0

Monthly Payment Composition

Interest: 10
Principal: 880

Peugeot 508 2021 1.6T GT Line Car Loan Calculator FAQs in Oman

  • In Oman, you can choose from various financing options including bank loans, dealership financing, and personal loans. It's advisable to compare interest rates and terms from different lenders.
  • To apply for a car loan, you typically need to provide proof of income, identification, and details about the vehicle. Visit a bank or financial institution to start the application process.
  • Yes, taking a loan can affect your credit score. If you make timely payments, it can improve your score, while missed payments can harm it.
  • Consider the interest rate, loan term, monthly payments, and any additional fees. Also, check the lender's reputation and customer service.
  • Factors include fluctuations in the Omani Rial exchange rate, international economic conditions, and changes in interest rates in other countries.