Nissan Sunny 2021 1.6L SV Car Loan Calculator in EGYPT
To finance this car, you can first calculate the installment price in EGYPT
Monthly Payment
EGP 13,000
Down Payment
EGP 38,580
Total Cost
EGP 194,580
Car Loan Monthly Installments Schedule
| Repayment Schedule | Monthly Repayment | Remaining repayment amount |
|---|---|---|
| 1 | EGP 13,000 | EGP 143,000 |
| 2 | EGP 13,000 | EGP 130,000 |
| 3 | EGP 13,000 | EGP 117,000 |
| 4 | EGP 13,000 | EGP 104,000 |
| 5 | EGP 13,000 | EGP 91,000 |
| 6 | EGP 13,000 | EGP 78,000 |
| 7 | EGP 13,000 | EGP 65,000 |
| 8 | EGP 13,000 | EGP 52,000 |
| 9 | EGP 13,000 | EGP 39,000 |
| 10 | EGP 13,000 | EGP 26,000 |
| 11 | EGP 13,000 | EGP 13,000 |
| 12 | EGP 13,000 | EGP 0 |
Monthly Payment Composition
Interest: 140
Principal: 12860
Nissan Sunny 2021 1.6L SV Car Loan Calculator FAQs in Egypt
- To obtain a car loan for purchasing a Nissan Sunny 2021 1.6L SV in Egypt, you typically need to provide proof of income, identification, and a credit history. After choosing a bank, you will fill out an application and provide the necessary documents. The bank will then assess your application and determine your loan eligibility.
- Yes, taking a car loan can affect your credit score in Egypt. Timely payments can improve your score, while missed payments can harm it. It's essential to manage your loan responsibly to maintain a good credit history.
- Factors that can influence the interest rate on your car loan include your credit score, income level, the loan amount, the loan term, and the lending bank's policies. Generally, a higher credit score can lead to a lower interest rate.
- When taking a car loan in Egypt, be aware of the total cost of the loan, including interest rates and fees. Understand the repayment terms and ensure they fit your budget. It's also important to read the fine print and know any penalties for early repayment.
- The amount you can borrow for a Nissan Sunny 2021 car loan in Egypt generally depends on your income, credit score, and the bank's lending criteria. Most banks offer loans that cover a significant portion of the car's price, often between 70-90%.
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