Loan
Lease
Corporate Lease Check
Individual Lease Check
Mg Astor
On Road Price Price Details
₹ 12,16,133
Ex-Showroom Price
₹ 9,99,800
Compr. Insurance
Comprehensive Insurance
₹ 53,144
RTO - Individual
₹ 1,63,189
TCS
₹ 0
Depot Charges
₹ 0
On Road Price
₹ 12,16,133
Down Payment
₹ 1,21,613
Loan Amount
₹ 10,94,520
Rate of Interest
8.7 %
Duration
60 Months
EMI
₹ 22,561
Loan Amount
₹ 10,94,520
Estimated Monthly Payment
₹ 22,561/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: ₹ 6,081
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 | ₹ 10,94,520 | ₹ 88,053 | ₹ 9,11,836 |
| 2 | ₹ 9,11,836 | ₹ 71,510 | ₹ 7,12,609 |
| 3 | ₹ 7,12,609 | ₹ 53,469 | ₹ 4,95,341 |
| 4 | ₹ 4,95,341 | ₹ 33,794 | ₹ 2,58,399 |
| 5 | ₹ 2,58,399 | ₹ 12,338 | ₹ 0 |
The table above provides you the loan repayment schedule for a loan amount of ₹ 10,94,520, EMI of ₹ 22,561, tenure of 5 years, interest rate of 8.7% p.a