CarteaCar Loan Calculator

Toyota Avanza 2018 1.5L SE 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 378

Down Payment

OMR 1,120

Total Cost

OMR 5,656

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1OMR 378OMR 4,158
2OMR 378OMR 3,780
3OMR 378OMR 3,402
4OMR 378OMR 3,024
5OMR 378OMR 2,646
6OMR 378OMR 2,268
7OMR 378OMR 1,890
8OMR 378OMR 1,512
9OMR 378OMR 1,134
10OMR 378OMR 756
11OMR 378OMR 378
12OMR 378OMR 0

Monthly Payment Composition

Interest: 5
Principal: 373

Toyota Avanza 2018 1.5L SE Car Loan Calculator FAQs in Oman

In Oman, you can choose from various banks that offer auto loans with different interest rates, repayment terms, and eligibility criteria. It's advisable to compare offers from multiple banks.

To apply for an auto loan, you need to visit the bank or apply online. You will typically need to provide personal identification, proof of income, and details about the vehicle.

Yes, taking a loan can impact your credit score. If you make timely payments, it can improve your score, but missed payments can harm it.

You should be aware of the interest rates, loan terms, any additional fees, and the total cost of the loan including insurance and maintenance.

Factors that influence the interest rate include your credit score, the loan amount, the loan term, and the bank's policies.