What are the loan options available for purchasing a Hyundai Accent 2020 1.6L GL SR in Egypt?

In Egypt, you can choose from various loan options including fixed interest rates, variable interest rates, and leasing options from different banks.

How do I apply for a car loan for the Hyundai Accent 2020 in Egypt?

To apply for a car loan, you need to visit a bank, submit your identification and income documents, and fill out the loan application form.

Will taking a car loan affect my credit score in Egypt?

Yes, taking a car loan will affect your credit score as it adds to your credit history; timely payments can improve your score, while missed payments can hurt it.

What should I consider before taking a car loan for the Hyundai Accent?

Consider the interest rates, loan terms, your monthly budget, and whether you can afford the down payment before taking a loan.

What factors can affect the loan exchange rate in Egypt?

Factors affecting the loan exchange rate include inflation rates, the central bank's policies, and the overall economic stability of the country.

CarteaCar Loan Calculator

Hyundai Accent 2020 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 2020 1.6L GL SR Car Loan Calculator FAQs in Egypt

In Egypt, you can choose from various loan options including fixed interest rates, variable interest rates, and leasing options from different banks.
To apply for a car loan, you need to visit a bank, submit your identification and income documents, and fill out the loan application form.
Yes, taking a car loan will affect your credit score as it adds to your credit history; timely payments can improve your score, while missed payments can hurt it.
Consider the interest rates, loan terms, your monthly budget, and whether you can afford the down payment before taking a loan.
Factors affecting the loan exchange rate include inflation rates, the central bank's policies, and the overall economic stability of the country.