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Renault Megane 2021 1.6L PE 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 371

Down Payment

OMR 1,100

Total Cost

OMR 5,552

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1OMR 371OMR 4,081
2OMR 371OMR 3,710
3OMR 371OMR 3,339
4OMR 371OMR 2,968
5OMR 371OMR 2,597
6OMR 371OMR 2,226
7OMR 371OMR 1,855
8OMR 371OMR 1,484
9OMR 371OMR 1,113
10OMR 371OMR 742
11OMR 371OMR 371
12OMR 371OMR 0

Monthly Payment Composition

Interest: 5
Principal: 366

Renault Megane 2021 1.6L PE Car Loan Calculator FAQs in Oman

In Oman, banks offer various car loan options with competitive interest rates and flexible repayment terms. It's advisable to compare offers from different banks.

To apply for a car loan, you need to visit a bank or their website, fill out an application form, and provide necessary documents like your ID, salary slips, and vehicle details.

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

Consider your budget, the total cost of the loan including interest, repayment terms, and whether you can afford the monthly payments.

Factors that can affect loan interest rates include your credit score, the loan amount, repayment term, and current market rates.