CarteaCar Loan Calculator

Volvo V90 2018 T6 Inscription Highline 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 1,416

Down Payment

OMR 4,200

Total Cost

OMR 21,192

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1OMR 1,416OMR 15,576
2OMR 1,416OMR 14,160
3OMR 1,416OMR 12,744
4OMR 1,416OMR 11,328
5OMR 1,416OMR 9,912
6OMR 1,416OMR 8,496
7OMR 1,416OMR 7,080
8OMR 1,416OMR 5,664
9OMR 1,416OMR 4,248
10OMR 1,416OMR 2,832
11OMR 1,416OMR 1,416
12OMR 1,416OMR 0

Monthly Payment Composition

Interest: 16
Principal: 1400

Volvo V90 2018 T6 Inscription Highline Car Loan Calculator FAQs in Oman

  • In Oman, you can choose from various financing options such as bank loans, dealership financing, or leasing agreements. Each option has different terms and conditions, so it's best to compare them.
  • To apply for a car loan, you typically need to visit a bank or financial institution, provide necessary documents like proof of income, identification, and details about the car. You can also apply online with many banks.
  • Yes, taking out a car loan can affect your credit score. Prompt repayments can improve your score, while missed payments can lower it. It’s essential to manage your loan responsibly.
  • Consider the interest rates, loan terms, down payment requirements, and any additional fees. Also, review your monthly budget to ensure you can afford the payments.
  • Factors include your credit score, the loan amount, the loan term, and current market interest rates. Banks may also consider the vehicle's age and value when determining rates.