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Toyota Corolla 2020 1.6L Active Plus+ 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 21,465

Down Payment

EGP 63,700

Total Cost

EGP 321,280

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1EGP 21,465EGP 236,115
2EGP 21,465EGP 214,650
3EGP 21,465EGP 193,185
4EGP 21,465EGP 171,720
5EGP 21,465EGP 150,255
6EGP 21,465EGP 128,790
7EGP 21,465EGP 107,325
8EGP 21,465EGP 85,860
9EGP 21,465EGP 64,395
10EGP 21,465EGP 42,930
11EGP 21,465EGP 21,465
12EGP 21,465EGP 0

Monthly Payment Composition

Interest: 232
Principal: 21233

Toyota Corolla 2020 1.6L Active Plus+ Car Loan Calculator FAQs in Egypt

In Egypt, you can choose from various financing options, including personal loans, dealer financing, and bank loans specifically for car purchases.

To apply for a car loan, you need to visit a bank or finance company, provide necessary documents like ID, income proof, and details of the vehicle, then fill out the application form.

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

Consider the interest rate, loan term, monthly payments, total loan amount, and any additional fees associated with the loan.

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