Loan
Lease
Corporate Lease Check
Individual Lease Check
Mercedes C-class
On Road Price Price Details
₹ 77,16,588
Ex-Showroom Price
₹ 60,85,000
Compr. Insurance
Comprehensive Insurance
₹ 3,51,577
RTO - Individual
₹ 12,19,161
TCS
₹ 60,850
Depot Charges
₹ 0
On Road Price
₹ 77,16,588
Down Payment
₹ 7,71,659
Loan Amount
₹ 69,44,929
Rate of Interest
8.7 %
Duration
60 Months
EMI
₹ 1,43,156
Loan Amount
₹ 69,44,929
Estimated Monthly Payment
₹ 1,43,156/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: ₹ 8,000
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 | ₹ 69,44,929 | ₹ 5,58,711 | ₹ 57,85,765 |
2 | ₹ 57,85,765 | ₹ 4,53,743 | ₹ 45,21,633 |
3 | ₹ 45,21,633 | ₹ 3,39,271 | ₹ 31,43,029 |
4 | ₹ 31,43,029 | ₹ 2,14,432 | ₹ 16,39,586 |
5 | ₹ 16,39,586 | ₹ 78,289 | ₹ 0 |
The table above provides you the loan repayment schedule for a loan amount of ₹ 69,44,929, EMI of ₹ 1,43,156, tenure of 5 years, interest rate of 8.7% p.a