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Peugeot 508 2023 1.6T Allure+ 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 100,750

Down Payment

EGP 299,000

Total Cost

EGP 1,508,000

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1EGP 100,750EGP 1,108,250
2EGP 100,750EGP 1,007,500
3EGP 100,750EGP 906,750
4EGP 100,750EGP 806,000
5EGP 100,750EGP 705,250
6EGP 100,750EGP 604,500
7EGP 100,750EGP 503,750
8EGP 100,750EGP 403,000
9EGP 100,750EGP 302,250
10EGP 100,750EGP 201,500
11EGP 100,750EGP 100,750
12EGP 100,750EGP 0

Monthly Payment Composition

Interest: 1084
Principal: 99666

Peugeot 508 2023 1.6T Allure+ Car Loan Calculator FAQs in Egypt

Typical car loan terms in Egypt usually range from 1 to 5 years, with interest rates varying between 10% to 18%, depending on the bank and your credit profile.

You can apply for a car loan at various banks in Egypt either online or by visiting a branch. You'll need to provide necessary documents such as ID, proof of income, and possibly a down payment.

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

You should consider the total cost of the loan, including interest rates, fees, and the loan duration. Additionally, check the bank's policies on early repayment and insurance requirements.

Factors include your credit score, income level, the duration of the loan, and the bank's current lending policies. Economic conditions can also influence interest rates.