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RAV4 2.5L (2WD) VX Car Loan Calculator in OMAN

To finance this car, you can first calculate the installment price in OMAN

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car price (OMR)*

down payment *
%
Loan Period (years) *
Y
interest rate *
%
calculate

Monthly Payment

OMR 875

Down Payment

OMR 2,597

Total Cost

OMR 13,097

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1OMR 875OMR 9,625
2OMR 875OMR 8,750
3OMR 875OMR 7,875
4OMR 875OMR 7,000
5OMR 875OMR 6,125
6OMR 875OMR 5,250
7OMR 875OMR 4,375
8OMR 875OMR 3,500
9OMR 875OMR 2,625
10OMR 875OMR 1,750
11OMR 875OMR 875
12OMR 875OMR 0

Monthly Payment Composition

Interest: 10
Principal: 865

RAV4 2.5L (2WD) VX Car Loan Calculator FAQs in Oman

To be eligible for a car loan, you typically need to be at least 21 years old, have a steady income, a good credit history, and provide necessary documents like ID, proof of income, and residency.

Taking a loan can impact your credit score positively if you make timely payments, but missed payments can lower your score.

Factors influencing the interest rate include your credit score, loan amount, loan term, and the current market conditions.

You will typically need to provide your ID, proof of income (like salary slips), bank statements, and sometimes a utility bill for address verification.

Yes, you may encounter processing fees, insurance costs, and possibly early repayment penalties, so it's important to read the loan agreement carefully.