What are the loan options available for purchasing a Toyota Hiace 2020 3.5L GL STD Roof Panel Van in Oman?

In Oman, you can choose from several loan options including fixed-rate loans, variable-rate loans, and personal loans offered by various banks.

How do I apply for a car loan for the Toyota Hiace 2020 in Oman?

To apply for a car loan, you typically need to provide identification, proof of income, and details about the vehicle you wish to purchase to your bank.

Will taking a car loan affect my credit score in Oman?

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

What should I consider when taking a car loan for the Toyota Hiace 2020?

Consider the interest rate, loan term, monthly payments, and any additional fees associated with the loan before making a decision.

What factors can affect the interest rate of my car loan in Oman?

Factors that can affect the interest rate include your credit score, the loan amount, the loan term, and the overall economic conditions in Oman.

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Toyota Hiace 2020 3.5L GL STD Roof 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 2020 3.5L GL STD Roof Panel Van (3-Seater) Car Loan Calculator FAQs in Oman

In Oman, you can choose from several loan options including fixed-rate loans, variable-rate loans, and personal loans offered by various banks.
To apply for a car loan, you typically need to provide identification, proof of income, and details about the vehicle you wish to purchase to your bank.
Yes, taking a car loan can affect your credit score. Timely payments can improve your score, while missed payments can lower it.
Consider the interest rate, loan term, monthly payments, and any additional fees associated with the loan before making a decision.
Factors that can affect the interest rate include your credit score, the loan amount, the loan term, and the overall economic conditions in Oman.