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Cerato 1.6L EX 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 84,189

Down Payment

EGP 249,852

Total Cost

EGP 1,260,120

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1EGP 84,189EGP 926,079
2EGP 84,189EGP 841,890
3EGP 84,189EGP 757,701
4EGP 84,189EGP 673,512
5EGP 84,189EGP 589,323
6EGP 84,189EGP 505,134
7EGP 84,189EGP 420,945
8EGP 84,189EGP 336,756
9EGP 84,189EGP 252,567
10EGP 84,189EGP 168,378
11EGP 84,189EGP 84,189
12EGP 84,189EGP 0

Monthly Payment Composition

Interest: 905
Principal: 83284

Cerato 1.6L EX Car Loan Calculator FAQs in Egypt

In Egypt, you can typically choose between bank loans, dealership financing, and personal loans from financial institutions to purchase the Kia Cerato 2024 1.6L EX.

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

You typically need to provide identification, proof of income, bank statements, and sometimes a down payment for your car loan application.

Factors that can affect the interest rate include your credit score, the loan term, the lender's policies, and current economic conditions.

Yes, there may be processing fees, insurance costs, and early repayment penalties that you should inquire about before taking the loan.