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Suzuki Ciaz 2024 1.5L GL 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 398

Down Payment

OMR 1,179

Total Cost

OMR 5,955

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1OMR 398OMR 4,378
2OMR 398OMR 3,980
3OMR 398OMR 3,582
4OMR 398OMR 3,184
5OMR 398OMR 2,786
6OMR 398OMR 2,388
7OMR 398OMR 1,990
8OMR 398OMR 1,592
9OMR 398OMR 1,194
10OMR 398OMR 796
11OMR 398OMR 398
12OMR 398OMR 0

Monthly Payment Composition

Interest: 5
Principal: 393

Suzuki Ciaz 2024 1.5L GL Car Loan Calculator FAQs in Oman

To apply for a car loan, you typically need to provide proof of income, identification documents, and a completed application form. Some banks may also require a down payment.

Taking a car loan can affect your credit score positively if you make payments on time. However, missing payments can negatively impact your score.

Interest rates for car loans vary by bank but typically range from 4% to 7% annually. It's best to check with specific banks for their current rates.

Factors that can affect loan approval include your credit history, income level, employment stability, and the amount of the down payment.

Consider your budget, the total cost of the loan including interest, your ability to make monthly payments, and any additional fees that might be associated with the loan.