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Renault Master 2024 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 2024 2.3T Panel Van (L1H1) Car Loan Calculator FAQs in Oman

The loan process typically involves selecting the vehicle, applying for the loan at a bank or financial institution, providing necessary documentation, and awaiting approval before finalizing the purchase.

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

Consider the interest rate, loan term, monthly payments, your credit history, and any fees associated with the loan.

A higher interest rate increases the total amount you will pay over the life of the loan, while a lower rate reduces it.

Typically, you'll need proof of income, identification, proof of residence, and possibly a credit report.