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Loan calculator Oman: personal, car and housing loans

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Loan calculator Oman: what a loan costs at CBO's 6% ceiling

The Central Bank of Oman caps personal and housing loans against salary at 6% a year, so OMR 10,000 over 5 years costs at most OMR 193.328 a month (the EMI) and OMR 1,599.681 in interest. The instalment is worked out on the reducing balance as P × r × (1 + r)n ÷ ((1 + r)n − 1) — no flat or teaser rates; pick personal, car or housing loan below.

Monthly instalment at the CBO ceiling of 6% (reducing balance)
Loan3 years5 years7 years10 years
OMR 5,000OMR 152.110OMR 96.664OMR 73.043OMR 55.510
OMR 10,000OMR 304.219OMR 193.328OMR 146.086OMR 111.021
OMR 20,000OMR 608.439OMR 386.656OMR 292.171OMR 222.041

Official rule: CBO ceiling on the interest (or profit) rate of housing loans, personal loans and overdrafts against salary: 6% a year — CBO says the ceiling may change from time to time. (source, checked 2026-10-19)

Loan
CBO's ceiling: 6% a year on the reducing balance — enter your offer's rate.
Monthly instalment (EMI)OMR 193.328
Total interest (or profit)OMR 1,599.681

You repay OMR 11,599.681 in all.

Fees, the regulator's limits and the month-by-month schedule: personal loan calculator Oman.

Not a valid document. Estimate for information only — not financial advice, not an offer of credit and not a bank document. Errors are possible. Only your bank's or finance company's official offer letter, contract and statements are binding.

Personal loan, car loan and housing loan maths for Oman — calculated in your browser, with the Central Bank of Oman rules shown and dated. No sign-up, no phone calls, no "an advisor will contact you".

Buying a home in Oman?A bank lends at most 90% — and a 3% sale registration fee is due on the day.The Ministry of Housing and Urban Planning fees (the regulation does not say whether buyer or seller pays the 3%), the mortgage registration, CBO's 6% ceiling and debt-burden limits. Official rules from CBO and the Ministry; the rest are estimates you can change.See your total →
Personal loan: calculatorInstalment, interest, the real yearly rate — and the CBO caps on rate, term, fees and salary.EMI & interest calculatorWhat an EMI is, the formula and a worked example in OMR — and the interest your savings earn, simple or compound.Credit card: the minimum payment trapHow long paying only the minimum takes, what it costs, and the 18% ceiling.Credit card: how much limit can I get?At most 5× net salary on a card against salary — and what your Debt Burden Ratio leaves room for.Car loan: calculatorInstalment, real yearly rate, the 20% down payment and the official registration fees.Car: zero down paymentWhat nothing down really costs — and why a bank must take at least 20% down on a vehicle loan.Car: 0% finance or cash discount?The interest hidden in the cash discount you give up for 0% car finance.Home: monthly housing loan paymentYour instalment, the 90% limit, the longest term and the debt-burden limit.Buy to let: rental yield and ROIGross yield, net yield after the 3% lease fee, return on your own cash.Home: rent or buy?Your rent against buying, with every cost and your own guesses side by side.Any loan: paying off earlyWhat you settle with, the interest you save, and the 1% cap on the charge.Any loan: how much can I borrow?Your maximum personal, car or housing loan under CBO's debt-burden limits.

Guides

Loan limits: salaried vs pensionersHow long and how much of your salary or pension — CBO's debt-burden limits.Loan fees CBO allowsProcessing fees, early settlement, insurance and card fees — the CBO caps.Oman housing loan rules90% of the value, 25 years, the 60% (up to 75%) debt burden and the 6% ceiling.Oman income tax 20285% above OMR 42,000 from 2028: who pays, what counts, deductions — and your home loan and rent.CBO interest rate ceiling explainedThe 6% (and 18% card) ceiling, the repo rate and what a rate change does.Islamic finance in OmanMurabaha, ijarah and diminishing musharaka — the same 6% ceiling and CBO limits, penalties to charity.

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