Housing and Development Bank
- RateDeclining balance: 15.9% — Calculated on the remaining balance, not the full amount — usually cheaper than the flat rate.
- 8.8%
- Monthly payment
- 11,413 EGP
- Total payment
- 410,880 EGP
Housing and Development Bank car loan — Car Loan
Payment breakdown
- Rate
- 8.8%
- Declining balanceCalculated on the remaining balance, not the full amount — usually cheaper than the flat rate.
- 15.9%
- Fees
- 6,400 EGP
- Financed amount
- 320,000 EGP
Monthly payment11,413 EGP
Total payment410,880 EGP
Sale restriction & insurance
- Sale restriction
- Yes
- Insurance
- Unspecified
Early redemption fee
Early redemption fee rate: 5%