What are the interest rates for a car loan on a Hyundai Accent 2021 (RB) 1.6L GL SR in Egypt?

Interest rates for car loans in Egypt typically range from 10% to 20%, depending on the bank and the borrower's credit profile.

How can I apply for a car loan for the Hyundai Accent 2021 in Egypt?

You can apply for a car loan by visiting a bank branch, filling out an application form, and providing necessary documents such as your ID, income proof, and vehicle details.

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

Yes, taking a car loan can affect your credit score positively if you make timely payments, but it can negatively impact it if you miss payments.

What documents are required for a car loan application in Egypt?

Typically, you will need identification, proof of income, bank statements, and the dealership invoice for the car.

What factors affect the loan exchange rate for a car loan in Egypt?

Factors that can affect the loan exchange rate include inflation rates, central bank policies, and overall economic conditions.

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Hyundai Accent 2021 (RB) 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 15,628

Down Payment

EGP 46,380

Total Cost

EGP 233,916

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	EGP 15,628	EGP 171,908
2	EGP 15,628	EGP 156,280
3	EGP 15,628	EGP 140,652
4	EGP 15,628	EGP 125,024
5	EGP 15,628	EGP 109,396
6	EGP 15,628	EGP 93,768
7	EGP 15,628	EGP 78,140
8	EGP 15,628	EGP 62,512
9	EGP 15,628	EGP 46,884
10	EGP 15,628	EGP 31,256
11	EGP 15,628	EGP 15,628
12	EGP 15,628	EGP 0

Monthly Payment Composition

Interest: 168

Principal: 15460

Hyundai Accent 2021 (RB) 1.6L GL SR Car Loan Calculator FAQs in Egypt

Interest rates for car loans in Egypt typically range from 10% to 20%, depending on the bank and the borrower's credit profile.
You can apply for a car loan by visiting a bank branch, filling out an application form, and providing necessary documents such as your ID, income proof, and vehicle details.
Yes, taking a car loan can affect your credit score positively if you make timely payments, but it can negatively impact it if you miss payments.
Typically, you will need identification, proof of income, bank statements, and the dealership invoice for the car.
Factors that can affect the loan exchange rate include inflation rates, central bank policies, and overall economic conditions.