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Geely Coolray 2024 1.5 MID Option Car Loan Calculator in EGYPT

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

select car *

car price (EGP)*

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

Monthly Payment

EGP 86,935

Down Payment

EGP 258,000

Total Cost

EGP 1,301,220

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1EGP 86,935EGP 956,285
2EGP 86,935EGP 869,350
3EGP 86,935EGP 782,415
4EGP 86,935EGP 695,480
5EGP 86,935EGP 608,545
6EGP 86,935EGP 521,610
7EGP 86,935EGP 434,675
8EGP 86,935EGP 347,740
9EGP 86,935EGP 260,805
10EGP 86,935EGP 173,870
11EGP 86,935EGP 86,935
12EGP 86,935EGP 0

Monthly Payment Composition

Interest: 935
Principal: 86000

Geely Coolray 2024 1.5 MID Option Car Loan Calculator FAQs in Egypt

In Egypt, you can find various loan options such as fixed-rate loans, variable-rate loans, and personal loans from different banks. It's advisable to compare the terms and interest rates offered by each bank.

Taking a loan can impact your credit score positively if you make timely payments. However, late payments can negatively affect your score. It's essential to manage your loan responsibly.

Before applying for a car loan, consider the total cost of the loan, interest rates, loan tenure, your monthly budget, and any additional fees such as insurance or maintenance costs.

Factors that can influence the interest rate include your credit score, the type of loan, the loan amount, the loan term, and the current economic conditions.

Yes, you can negotiate the terms of your car loan, including the interest rate and repayment period. It's advisable to shop around and use competing offers as leverage in negotiations.