CarteaCar Loan Calculator

Toyota Hiace 2020 2.8L Van High Roof M/T 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 43,468

Down Payment

EGP 129,000

Total Cost

EGP 650,616

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1EGP 43,468EGP 478,148
2EGP 43,468EGP 434,680
3EGP 43,468EGP 391,212
4EGP 43,468EGP 347,744
5EGP 43,468EGP 304,276
6EGP 43,468EGP 260,808
7EGP 43,468EGP 217,340
8EGP 43,468EGP 173,872
9EGP 43,468EGP 130,404
10EGP 43,468EGP 86,936
11EGP 43,468EGP 43,468
12EGP 43,468EGP 0

Monthly Payment Composition

Interest: 468
Principal: 43000

Toyota Hiace 2020 2.8L Van High Roof M/T Car Loan Calculator FAQs in Egypt

  • To purchase a Toyota Hiace 2020, you typically need to apply for a car loan at a bank or financial institution. The process involves submitting your identification, income proof, and other necessary documents, followed by a credit evaluation.
  • Yes, taking out a loan will affect your credit score. If you make timely payments, it may improve your score, but missed payments can negatively impact it.
  • You should consider the interest rate, loan term, monthly payments, and any additional fees associated with the loan. Make sure to read the terms and conditions carefully.
  • Factors include the prevailing economic conditions, central bank rates, your credit history, and the bank's policies regarding car loans.
  • Typically, a down payment of 20% to 30% of the car's price is required for a car loan in Egypt. However, this can vary based on the lender's policies.