HomeCar Loan Calculator

Geely Emgrand 7 2018 1.5L GLS M/T Car Loan Calculator in EGYPT

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

select car *

car price (AED)*

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

Monthly Payment

EGP 8,054

Down Payment

EGP 23,900

Total Cost

EGP 120,548

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1EGP 8,054EGP 88,594
2EGP 8,054EGP 80,540
3EGP 8,054EGP 72,486
4EGP 8,054EGP 64,432
5EGP 8,054EGP 56,378
6EGP 8,054EGP 48,324
7EGP 8,054EGP 40,270
8EGP 8,054EGP 32,216
9EGP 8,054EGP 24,162
10EGP 8,054EGP 16,108
11EGP 8,054EGP 8,054
12EGP 8,054EGP 0

Monthly Payment Composition

Interest: 88
Principal: 7966

Geely Emgrand 7 2018 1.5L GLS M/T Car Loan Calculator FAQs in Egypt

To apply for a car loan in Egypt, you typically need to visit a bank or financial institution, provide necessary documents such as identification, proof of income, and the vehicle's details. After submitting your application, the bank will evaluate your creditworthiness and the loan terms.

Yes, taking a car loan can affect your credit score. Timely repayments can improve your score, while missed payments can negatively impact it. It's important to manage your loan responsibly.

You should consider the interest rate, loan term, monthly payments, any additional fees, and whether the loan is secured or unsecured. It's also wise to compare offers from different banks.

Interest rates for car loans in Egypt can vary widely based on the bank and your credit profile, typically ranging from 10% to 20%. It's important to shop around for the best rate.

Common documents required for a car loan application include a valid ID, proof of income (like salary slips), bank statements, and details about the car you wish to purchase.