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Volkswagen Passat 2024 2.5L Highline Car Loan Calculator in OMAN

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

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car price (OMR)*

down payment *
%
Loan Period (years) *
Y
interest rate *
%
calculate

Monthly Payment

OMR 843

Down Payment

OMR 2,500

Total Cost

OMR 12,616

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1OMR 843OMR 9,273
2OMR 843OMR 8,430
3OMR 843OMR 7,587
4OMR 843OMR 6,744
5OMR 843OMR 5,901
6OMR 843OMR 5,058
7OMR 843OMR 4,215
8OMR 843OMR 3,372
9OMR 843OMR 2,529
10OMR 843OMR 1,686
11OMR 843OMR 843
12OMR 843OMR 0

Monthly Payment Composition

Interest: 10
Principal: 833

Volkswagen Passat 2024 2.5L Highline Car Loan Calculator FAQs in Oman

In Oman, you can explore various loan options from banks and financial institutions that typically include fixed-rate loans, variable-rate loans, and Islamic financing options.

To apply for a car loan, you usually need to visit a bank or financial institution, provide necessary documents such as income proof, identification, and the car's details, and fill out a loan application form.

Yes, taking out a car loan can impact your credit score. It may improve your score if you make timely payments, but missing payments can lower it.

Before taking a car loan, consider factors such as the interest rate, loan term, your budget for monthly payments, insurance costs, and any additional fees.

Factors affecting the interest rate include your credit score, the loan amount, the loan term, the lender's policies, and the overall economic conditions.