Nissan Magnite

On Road Price Price Details

₹ 7,26,997

Loan Amount

₹ 6,54,297

Estimated Monthly Payment

₹ 13,487/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: ₹ 3,635

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₹ 6,54,297₹ 52,637₹ 5,45,090
2₹ 5,45,090₹ 42,748₹ 4,25,993
3₹ 4,25,993₹ 31,963₹ 2,96,112
4₹ 2,96,112₹ 20,202₹ 1,54,469
5₹ 1,54,469₹ 7,376₹ 0

The table above provides you the loan repayment schedule for a loan amount of ₹ 6,54,297, EMI of ₹ 13,487, tenure of 5 years, interest rate of 8.7% p.a