What are the eligibility criteria for a car loan for a Hyundai Accent 2018 1.6L GLS in Egypt?

To be eligible for a car loan in Egypt, you typically need to be at least 21 years old, have a stable income, and provide necessary documentation such as ID, proof of income, and bank statements.

How does taking a car loan affect my credit score in Egypt?

Taking a car loan can impact your credit score positively if you make timely payments, but late payments can lower your score.

What should I consider before applying for a car loan for a Hyundai Accent 2018?

Before applying, consider the total cost of the loan, interest rates, your budget for monthly payments, and additional fees associated with the loan.

What factors influence the interest rate on a car loan in Egypt?

Factors that influence the interest rate include your credit score, the loan amount, the loan term, and the lender's policies.

How can I apply for a car loan for a Hyundai Accent 2018 in Egypt?

You can apply for a car loan by visiting a bank or financial institution, filling out an application form, and providing necessary documents.

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Hyundai Accent 2018 1.6L GLS Car Loan Calculator in EGYPT

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

Monthly Payment

EGP 15,703

Down Payment

EGP 46,600

Total Cost

EGP 235,036

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	EGP 15,703	EGP 172,733
2	EGP 15,703	EGP 157,030
3	EGP 15,703	EGP 141,327
4	EGP 15,703	EGP 125,624
5	EGP 15,703	EGP 109,921
6	EGP 15,703	EGP 94,218
7	EGP 15,703	EGP 78,515
8	EGP 15,703	EGP 62,812
9	EGP 15,703	EGP 47,109
10	EGP 15,703	EGP 31,406
11	EGP 15,703	EGP 15,703
12	EGP 15,703	EGP 0

Monthly Payment Composition

Interest: 170

Principal: 15533

Hyundai Accent 2018 1.6L GLS Car Loan Calculator FAQs in Egypt

To be eligible for a car loan in Egypt, you typically need to be at least 21 years old, have a stable income, and provide necessary documentation such as ID, proof of income, and bank statements.
Taking a car loan can impact your credit score positively if you make timely payments, but late payments can lower your score.
Before applying, consider the total cost of the loan, interest rates, your budget for monthly payments, and additional fees associated with the loan.
Factors that influence the interest rate include your credit score, the loan amount, the loan term, and the lender's policies.
You can apply for a car loan by visiting a bank or financial institution, filling out an application form, and providing necessary documents.