CarteaCar Loan Calculator

Suzuki Alto 2018 Standard 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 8,087

Down Payment

EGP 24,000

Total Cost

EGP 121,044

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1EGP 8,087EGP 88,957
2EGP 8,087EGP 80,870
3EGP 8,087EGP 72,783
4EGP 8,087EGP 64,696
5EGP 8,087EGP 56,609
6EGP 8,087EGP 48,522
7EGP 8,087EGP 40,435
8EGP 8,087EGP 32,348
9EGP 8,087EGP 24,261
10EGP 8,087EGP 16,174
11EGP 8,087EGP 8,087
12EGP 8,087EGP 0

Monthly Payment Composition

Interest: 87
Principal: 8000

Suzuki Alto 2018 Standard Car Loan Calculator FAQs in Egypt

The car loan process involves selecting a bank, submitting your application, providing necessary documents, and then waiting for approval. After approval, you can finalize the purchase.

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

Consider your budget, interest rates, loan terms, and your ability to repay the loan. Also, check for any hidden fees.

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

Yes, typically you need to be at least 21 years old, have a stable income, and provide necessary documentation such as ID and proof of income.