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MG RX5 2023 1.5T COM Car Loan Calculator in EGYPT

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

Monthly Payment

EGP 67,392

Down Payment

EGP 200,000

Total Cost

EGP 1,008,704

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	EGP 67,392	EGP 741,312
2	EGP 67,392	EGP 673,920
3	EGP 67,392	EGP 606,528
4	EGP 67,392	EGP 539,136
5	EGP 67,392	EGP 471,744
6	EGP 67,392	EGP 404,352
7	EGP 67,392	EGP 336,960
8	EGP 67,392	EGP 269,568
9	EGP 67,392	EGP 202,176
10	EGP 67,392	EGP 134,784
11	EGP 67,392	EGP 67,392
12	EGP 67,392	EGP 0

Monthly Payment Composition

Interest: 726

Principal: 66666

MG RX5 2023 1.5T COM Car Loan Calculator FAQs in Egypt

The car loan process generally involves applying through a bank, providing necessary documents, and waiting for approval based on your credit history and income.

Yes, taking a car loan can impact your credit score as lenders will perform a credit check, which may temporarily lower your score.

Consider the interest rate, loan duration, monthly repayments, and any additional fees that may apply.

The average interest rate for car loans in Egypt typically ranges between 10% to 15%, but it's best to check with individual banks.

You will typically need to provide identification, proof of income, bank statements, and details of the vehicle you wish to purchase.