Loan
Lease
Bmw 2 Series Gran Coupe
On Road Price Price Details
₹ 55,63,292
Ex-Showroom Price
₹ 43,50,000
Compr. Insurance
Comprehensive Insurance
₹ 2,17,500
RTO - Individual
₹ 9,47,292
TCS
₹ 43,500
Depot Charges
₹ 5,000
On Road Price
₹ 55,63,292
Loan Amount
₹ 55,63,292
Rate of Interest
8.5 %
Duration
60 Months
EMI
₹ 1,14,139
Loan Amount
₹ 55,63,292
Estimated Monthly Payment
₹ 1,14,139/month
Interest Rate 8.5 %
Buying a
Down Payment
Duration
Down Payment
Duration
Loan Offers
Axis Bank
Interest Rate 8.50 %
Processing Fee: ₹ 7,000
Avail 100% With flexible repayment tenure
HDFC Bank
Interest Rate 8.50 %
Processing Fee: ₹ 8,000
Flexible repayment, Zero Foreclosure, Top-up loan
Union Bank of India
Interest Rate 7.50 %
Processing Fee: ₹ 1,000
Best ROI in its class
Amortization Schedule
Year | Principal | Interest | Balance |
---|---|---|---|
1 | ₹ 55,63,292 | ₹ 4,37,104 | ₹ 46,30,723 |
2 | ₹ 46,30,723 | ₹ 3,54,673 | ₹ 36,15,722 |
3 | ₹ 36,15,722 | ₹ 2,64,957 | ₹ 25,11,006 |
4 | ₹ 25,11,006 | ₹ 1,67,310 | ₹ 13,08,642 |
5 | ₹ 13,08,642 | ₹ 61,032 | ₹ 0 |
The table above provides you the loan repayment schedule for a loan amount of ₹ 55,63,292, EMI of ₹ 1,14,139, tenure of 5 years, interest rate of 8.5% p.a