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MG RX5 2023 1.5T LUX 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 70,761

Down Payment

EGP 210,000

Total Cost

EGP 1,059,132

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1EGP 70,761EGP 778,371
2EGP 70,761EGP 707,610
3EGP 70,761EGP 636,849
4EGP 70,761EGP 566,088
5EGP 70,761EGP 495,327
6EGP 70,761EGP 424,566
7EGP 70,761EGP 353,805
8EGP 70,761EGP 283,044
9EGP 70,761EGP 212,283
10EGP 70,761EGP 141,522
11EGP 70,761EGP 70,761
12EGP 70,761EGP 0

Monthly Payment Composition

Interest: 761
Principal: 70000

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

The loan process involves choosing a bank, submitting necessary documents, and receiving approval. Typically, you will need to provide identification, proof of income, and details about the vehicle.

Yes, taking a car loan can affect your credit score. Timely payments can improve your score, while missed payments can lower it.

You should be aware of the interest rates, loan terms, and any hidden fees. It's also important to understand the total cost of the loan over its duration.

Factors include your credit score, the loan amount, the loan term, and the current economic conditions.

Yes, many banks in Egypt offer car loans, including National Bank of Egypt and Banque Misr. It’s advisable to compare their terms and rates.