Loan
Lease
Corporate Lease Check
Individual Lease Check
Volvo Xc40
On Road Price Price Details
₹ 59,45,610
Ex-Showroom Price
₹ 46,40,000
Compr. Insurance
Comprehensive Insurance
₹ 2,78,400
RTO - Individual
₹ 9,80,810
TCS
₹ 46,400
Depot Charges
₹ 0
On Road Price
₹ 59,45,610
Down Payment
₹ 5,94,561
Loan Amount
₹ 53,51,049
Rate of Interest
8.7 %
Duration
60 Months
EMI
₹ 1,10,301
Loan Amount
₹ 53,51,049
Estimated Monthly Payment
₹ 1,10,301/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 | ₹ 53,51,049 | ₹ 4,30,485 | ₹ 44,57,916 |
2 | ₹ 44,57,916 | ₹ 3,49,608 | ₹ 34,83,906 |
3 | ₹ 34,83,906 | ₹ 2,61,407 | ₹ 24,21,695 |
4 | ₹ 24,21,695 | ₹ 1,65,219 | ₹ 12,63,297 |
5 | ₹ 12,63,297 | ₹ 60,321 | ₹ 0 |
The table above provides you the loan repayment schedule for a loan amount of ₹ 53,51,049, EMI of ₹ 1,10,301, tenure of 5 years, interest rate of 8.7% p.a