CarteaCar Loan Calculator

RAM 1500 2018 Longhorn Crew Cab 5.7L 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 971

Down Payment

OMR 2,880

Total Cost

OMR 14,532

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1OMR 971OMR 10,681
2OMR 971OMR 9,710
3OMR 971OMR 8,739
4OMR 971OMR 7,768
5OMR 971OMR 6,797
6OMR 971OMR 5,826
7OMR 971OMR 4,855
8OMR 971OMR 3,884
9OMR 971OMR 2,913
10OMR 971OMR 1,942
11OMR 971OMR 971
12OMR 971OMR 0

Monthly Payment Composition

Interest: 11
Principal: 960

RAM 1500 2018 Longhorn Crew Cab 5.7L Car Loan Calculator FAQs in Oman

  • The car loan process typically involves selecting the vehicle, applying for a loan with a bank or financial institution, submitting necessary documents, and receiving approval before finalizing the purchase.
  • Yes, taking a car loan can affect your credit score. Timely payments can improve your score, while late payments can negatively impact it.
  • When applying for a car loan, be aware of the interest rates, loan terms, your credit history, and any additional fees associated with the loan.
  • Factors that influence the interest rate include your credit score, the length of the loan, the lender's policies, and the overall economic conditions.
  • Yes, you can refinance your car loan after purchase if you find better terms or lower interest rates, but it's important to consider any fees involved.