What are the eligibility criteria for obtaining a loan to purchase a Toyota Fortuner 2020 2.7L EXR in Oman?

To be eligible for a loan, you must be a resident of Oman, have a stable income, and meet the bank's credit score requirements.

How do I apply for a car loan for the Toyota Fortuner 2020 2.7L EXR?

You can apply for a car loan by visiting your bank's branch or through their online banking platform, providing necessary documents such as income proof and identification.

Will taking a car loan affect my credit score?

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

What factors should I consider when choosing a car loan?

Consider the interest rate, loan term, monthly payments, and any additional fees when choosing a car loan.

What factors can affect the loan exchange rate in Oman?

Factors that can affect the loan exchange rate include the central bank's interest rates, inflation rates, and overall economic stability.

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Toyota Fortuner 2020 2.7L EXR Car Loan Calculator in OMAN

To finance this car, you can first calculate the installment price in OMAN

Monthly Payment

OMR 829

Down Payment

OMR 2,460

Total Cost

OMR 12,408

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	OMR 829	OMR 9,119
2	OMR 829	OMR 8,290
3	OMR 829	OMR 7,461
4	OMR 829	OMR 6,632
5	OMR 829	OMR 5,803
6	OMR 829	OMR 4,974
7	OMR 829	OMR 4,145
8	OMR 829	OMR 3,316
9	OMR 829	OMR 2,487
10	OMR 829	OMR 1,658
11	OMR 829	OMR 829
12	OMR 829	OMR 0

Monthly Payment Composition

Interest: 9

Principal: 820

Toyota Fortuner 2020 2.7L EXR Car Loan Calculator FAQs in Oman

To be eligible for a loan, you must be a resident of Oman, have a stable income, and meet the bank's credit score requirements.
You can apply for a car loan by visiting your bank's branch or through their online banking platform, providing necessary documents such as income proof and identification.
Yes, taking a car loan can affect your credit score. Timely payments can improve it, while missed payments can lower it.
Consider the interest rate, loan term, monthly payments, and any additional fees when choosing a car loan.
Factors that can affect the loan exchange rate include the central bank's interest rates, inflation rates, and overall economic stability.