Loan
Lease
Corporate Lease Check
Individual Lease Check
Honda City
On Road Price Price Details
₹ 14,52,212
Ex-Showroom Price
₹ 11,82,000
Compr. Insurance
Comprehensive Insurance
₹ 47,577
RTO - Individual
₹ 2,25,505
TCS
₹ 11,820
Depot Charges
₹ 5,310
Cash Discount
- ₹ 20,000
On Road Price
₹ 14,52,212
Down Payment
₹ 1,45,221
Loan Amount
₹ 13,06,991
Rate of Interest
8.7 %
Duration
60 Months
EMI
₹ 26,941
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
Axis Bank
Interest Rate 9.30 %
Processing Fee: ₹ 7,000
Avail 100% With flexible repayment tenure
HDFC Bank
Interest Rate 9.40 %
Processing Fee: ₹ 7,261
Flexible repayment, Zero Foreclosure, Top-up loan
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