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Toyota Hiace 2020 2.5L Commuter M/T 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 708

Down Payment

OMR 2,100

Total Cost

OMR 10,596

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1OMR 708OMR 7,788
2OMR 708OMR 7,080
3OMR 708OMR 6,372
4OMR 708OMR 5,664
5OMR 708OMR 4,956
6OMR 708OMR 4,248
7OMR 708OMR 3,540
8OMR 708OMR 2,832
9OMR 708OMR 2,124
10OMR 708OMR 1,416
11OMR 708OMR 708
12OMR 708OMR 0

Monthly Payment Composition

Interest: 8
Principal: 700

Toyota Hiace 2020 2.5L Commuter M/T Car Loan Calculator FAQs in Oman

Common requirements include proof of income, identification documents, a good credit score, and sometimes a down payment.

The loan approval process generally takes between a few days to a couple of weeks, depending on the bank and your documentation.

Yes, taking out a loan can affect your credit score, particularly if you miss payments or default.

Factors include your credit score, the loan amount, the loan term, and prevailing market interest rates.

Be cautious about the total cost of the loan, including fees, the interest rate, and ensure you can manage the monthly payments.