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MG ZS 2023 1.5L STD Car Loan Calculator in EGYPT

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

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car price (EGP)*

down payment *
%
Loan Period (years) *
Y
interest rate *
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calculate

Monthly Payment

EGP 50,544

Down Payment

EGP 150,000

Total Cost

EGP 756,528

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1EGP 50,544EGP 555,984
2EGP 50,544EGP 505,440
3EGP 50,544EGP 454,896
4EGP 50,544EGP 404,352
5EGP 50,544EGP 353,808
6EGP 50,544EGP 303,264
7EGP 50,544EGP 252,720
8EGP 50,544EGP 202,176
9EGP 50,544EGP 151,632
10EGP 50,544EGP 101,088
11EGP 50,544EGP 50,544
12EGP 50,544EGP 0

Monthly Payment Composition

Interest: 544
Principal: 50000

MG ZS 2023 1.5L STD Car Loan Calculator FAQs in Egypt

The car loan for MG ZS 2023 1.5L STD in Egypt is a financial product offered by banks to help customers purchase this vehicle. It allows you to borrow the necessary funds to buy the car and pay it back in installments over a specified period.

To apply for a car loan in Egypt for MG ZS 2023 1.5L STD, you need to visit a bank or financial institution, provide necessary documents such as ID, income proof, and the car's purchase invoice, and fill out the loan application form.

Yes, taking a car loan can affect your credit score in Egypt. If you make timely payments, it can improve your score, but missed payments can harm it.

When applying for a car loan, be aware of the interest rates, loan terms, additional fees, and your repayment capacity. Make sure to read the loan agreement carefully.

Factors that can affect the loan interest rate include your credit score, the bank's policies, current market conditions, and the loan amount and duration.