What are the loan options available for purchasing a Toyota Hiace 2018 2.7L GL Panel Van in Oman?

In Oman, you can choose from various loan options including fixed-rate loans, variable-rate loans, and personal loans from banks or financial institutions.

How can I apply for a car loan for Toyota Hiace in Oman?

You can apply for a car loan by visiting a bank or financial institution's branch, or you can apply online through their website by submitting the required documents.

Will taking a car loan affect my credit score?

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

What should I consider when applying for a car loan?

Consider interest rates, loan terms, your budget for monthly payments, and any additional fees associated with the loan.

What factors can affect the loan interest rates in Oman?

Factors include the central bank's policy rates, inflation rates, your credit score, and the overall economic conditions in the country.

CarteaCar Loan Calculator

Toyota Hiace 2018 2.7L GL Panel Van (3-Seater) Car Loan Calculator in OMAN

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

Monthly Payment

OMR 600

Down Payment

OMR 1,780

Total Cost

OMR 8,980

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	OMR 600	OMR 6,600
2	OMR 600	OMR 6,000
3	OMR 600	OMR 5,400
4	OMR 600	OMR 4,800
5	OMR 600	OMR 4,200
6	OMR 600	OMR 3,600
7	OMR 600	OMR 3,000
8	OMR 600	OMR 2,400
9	OMR 600	OMR 1,800
10	OMR 600	OMR 1,200
11	OMR 600	OMR 600
12	OMR 600	OMR 0

Monthly Payment Composition

Interest: 7

Principal: 593

Toyota Hiace 2018 2.7L GL Panel Van (3-Seater) Car Loan Calculator FAQs in Oman

In Oman, you can choose from various loan options including fixed-rate loans, variable-rate loans, and personal loans from banks or financial institutions.
You can apply for a car loan by visiting a bank or financial institution's branch, or you can apply online through their website by submitting the required documents.
Yes, taking a car loan can affect your credit score. Timely payments may improve your score, while late payments can lower it.
Consider interest rates, loan terms, your budget for monthly payments, and any additional fees associated with the loan.
Factors include the central bank's policy rates, inflation rates, your credit score, and the overall economic conditions in the country.