Honda City

On Road Price Price Details

₹ 14,52,212

Loan Amount

₹ 13,06,991

Estimated Monthly Payment

₹ 26,941/month

Interest Rate 8.7 %

Buying a

Down Payment

Duration

Down Payment

Duration

Loan Offers

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Axis Bank

Interest Rate 9.30 %

Processing Fee: ₹ 7,000

Avail 100% With flexible repayment tenure

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HDFC Bank

Interest Rate 9.40 %

Processing Fee: ₹ 7,261

Flexible repayment, Zero Foreclosure, Top-up loan

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Union Bank of India

Interest Rate 8.70 %

Processing Fee: ₹ 1,000

Best ROI in its class

Amortization Schedule

Year

Principal

Interest

Balance

1₹ 13,06,991₹ 1,05,146₹ 10,88,844
2₹ 10,88,844₹ 85,392₹ 8,50,942
3₹ 8,50,942₹ 63,849₹ 5,91,498
4₹ 5,91,498₹ 40,355₹ 3,08,560
5₹ 3,08,560₹ 14,733₹ 0

The table above provides you the loan repayment schedule for a loan amount of ₹ 13,06,991, EMI of ₹ 26,941, tenure of 5 years, interest rate of 8.7% p.a