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MG RX5 2024 1.5T COM Car Loan Calculator in EGYPT

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

Monthly Payment

EGP 97,718

Down Payment

EGP 290,000

Total Cost

EGP 1,462,616

Car Loan Monthly Installments Schedule

Repayment Schedule	Monthly Repayment	Remaining repayment amount
1	EGP 97,718	EGP 1,074,898
2	EGP 97,718	EGP 977,180
3	EGP 97,718	EGP 879,462
4	EGP 97,718	EGP 781,744
5	EGP 97,718	EGP 684,026
6	EGP 97,718	EGP 586,308
7	EGP 97,718	EGP 488,590
8	EGP 97,718	EGP 390,872
9	EGP 97,718	EGP 293,154
10	EGP 97,718	EGP 195,436
11	EGP 97,718	EGP 97,718
12	EGP 97,718	EGP 0

Monthly Payment Composition

Interest: 1052

Principal: 96666

MG RX5 2024 1.5T COM Car Loan Calculator FAQs in Egypt

The car loan process typically involves selecting the vehicle, applying for a loan with a bank or financial institution, submitting necessary documents, and then waiting for approval before finalizing the purchase.

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

Be aware of the interest rates, loan terms, and any additional fees. Also, ensure you can comfortably afford the monthly payments.

Factors include your credit score, the loan amount, the loan term, and the bank's current policies.

Most banks allow early repayment of car loans, but check for any prepayment penalties that may apply.