What are the loan options available for purchasing a Hyundai Accent 2019 1.6L GL SR in Egypt?

In Egypt, you can choose between various banks that offer car loans, including fixed and variable interest rates, with terms ranging from 1 to 5 years.

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

You can apply for a car loan online through the bank's website or visit a branch, providing necessary documents like ID, income proof, and vehicle details.

Will taking a loan for my Hyundai Accent affect my credit score?

Yes, taking a loan will impact your credit score. Timely payments can improve it, while missed payments may lower it.

What factors should I consider when applying for a car loan for a Hyundai Accent?

Consider the interest rate, loan term, monthly payments, fees, and your ability to repay the loan before applying.

What influences the interest rates on car loans in Egypt?

Interest rates can be influenced by factors such as the central bank's policy, inflation rates, and the borrower's creditworthiness.

CarteaCar Loan Calculator

Hyundai Accent 2019 1.6L GL SR Car Loan Calculator in EGYPT

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

Monthly Payment

EGP 18,061

Down Payment

EGP 53,600

Total Cost

EGP 270,332

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	EGP 18,061	EGP 198,671
2	EGP 18,061	EGP 180,610
3	EGP 18,061	EGP 162,549
4	EGP 18,061	EGP 144,488
5	EGP 18,061	EGP 126,427
6	EGP 18,061	EGP 108,366
7	EGP 18,061	EGP 90,305
8	EGP 18,061	EGP 72,244
9	EGP 18,061	EGP 54,183
10	EGP 18,061	EGP 36,122
11	EGP 18,061	EGP 18,061
12	EGP 18,061	EGP 0

Monthly Payment Composition

Interest: 195

Principal: 17866

Hyundai Accent 2019 1.6L GL SR Car Loan Calculator FAQs in Egypt

In Egypt, you can choose between various banks that offer car loans, including fixed and variable interest rates, with terms ranging from 1 to 5 years.
You can apply for a car loan online through the bank's website or visit a branch, providing necessary documents like ID, income proof, and vehicle details.
Yes, taking a loan will impact your credit score. Timely payments can improve it, while missed payments may lower it.
Consider the interest rate, loan term, monthly payments, fees, and your ability to repay the loan before applying.
Interest rates can be influenced by factors such as the central bank's policy, inflation rates, and the borrower's creditworthiness.