Loan
Lease
Corporate Lease Check
Individual Lease Check
Nissan Magnite
On Road Price Price Details
₹ 7,26,997
Ex-Showroom Price
₹ 5,99,400
Compr. Insurance
Comprehensive Insurance
₹ 26,450
RTO - Individual
₹ 94,647
TCS
₹ 0
Depot Charges
₹ 6,500
On Road Price
₹ 7,26,997
Down Payment
₹ 72,700
Loan Amount
₹ 6,54,297
Rate of Interest
8.7 %
Duration
60 Months
EMI
₹ 13,487
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
Axis Bank
Interest Rate 9.30 %
Processing Fee: ₹ 7,000
Avail 100% With flexible repayment tenure
HDFC Bank
Interest Rate 9.40 %
Processing Fee: ₹ 3,635
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 | ₹ 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