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Renault Master 2023 2.3T Panel Van (L1H1) 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 465

Down Payment

OMR 1,380

Total Cost

OMR 6,960

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1OMR 465OMR 5,115
2OMR 465OMR 4,650
3OMR 465OMR 4,185
4OMR 465OMR 3,720
5OMR 465OMR 3,255
6OMR 465OMR 2,790
7OMR 465OMR 2,325
8OMR 465OMR 1,860
9OMR 465OMR 1,395
10OMR 465OMR 930
11OMR 465OMR 465
12OMR 465OMR 0

Monthly Payment Composition

Interest: 5
Principal: 460

Renault Master 2023 2.3T Panel Van (L1H1) Car Loan Calculator FAQs in Oman

In Oman, you can find several loan options from banks and financial institutions, including fixed-rate loans, variable-rate loans, and Islamic financing options tailored for vehicle purchases.

To apply for a car loan, you need to visit a bank or financial institution, provide necessary documents such as proof of income, identity, and the vehicle details, and fill out a loan application form.

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

You should be aware of the interest rates, loan tenure, monthly installments, and any additional fees such as processing fees or insurance requirements.

Factors that can affect the loan interest rate include your credit score, the loan amount, the loan term, and the current economic conditions in Oman.