CarteaCar Loan Calculator

Haval H2 2020 1.5T Intelligent 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 3,700

Down Payment

EGP 10,980

Total Cost

EGP 55,380

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1EGP 3,700EGP 40,700
2EGP 3,700EGP 37,000
3EGP 3,700EGP 33,300
4EGP 3,700EGP 29,600
5EGP 3,700EGP 25,900
6EGP 3,700EGP 22,200
7EGP 3,700EGP 18,500
8EGP 3,700EGP 14,800
9EGP 3,700EGP 11,100
10EGP 3,700EGP 7,400
11EGP 3,700EGP 3,700
12EGP 3,700EGP 0

Monthly Payment Composition

Interest: 40
Principal: 3660

Haval H2 2020 1.5T Intelligent Car Loan Calculator FAQs in Egypt

  • In Egypt, you can choose from various financing options such as bank loans, dealership financing, and personal loans tailored for vehicle purchases.
  • You can apply for a car loan by visiting a bank or financial institution, providing necessary documentation such as ID, income proof, and details of the vehicle.
  • Yes, taking a car loan can affect your credit score. Timely payments can improve your score, while missed payments can lower it.
  • You should consider the interest rates, loan terms, additional fees, and your overall financial situation before committing to a car loan.
  • Factors include inflation rates, economic stability, demand for foreign currency, and government policies affecting currency exchange.