CarteaCar Loan Calculator

Raize Limited 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 510

Down Payment

OMR 1,513

Total Cost

OMR 7,633

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1OMR 510OMR 5,610
2OMR 510OMR 5,100
3OMR 510OMR 4,590
4OMR 510OMR 4,080
5OMR 510OMR 3,570
6OMR 510OMR 3,060
7OMR 510OMR 2,550
8OMR 510OMR 2,040
9OMR 510OMR 1,530
10OMR 510OMR 1,020
11OMR 510OMR 510
12OMR 510OMR 0

Monthly Payment Composition

Interest: 6
Principal: 504

Raize Limited Car Loan Calculator FAQs in Oman

Raize Limited car loan in Oman is a financial product that allows customers to borrow money to purchase a vehicle while paying it back in installments over a specified term.

You can apply for a Raize Limited car loan by visiting their website or a local branch, filling out the application form, and providing required documentation such as proof of income and identification.

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

You should consider the interest rate, loan term, monthly payments, and your budget. Make sure you understand all terms and conditions before signing.

Loan interest rates can be influenced by various factors including your credit score, the loan amount, the term length, and the current market conditions.