Loan
Lease
Bmw Ix
On Road Price Price Details
₹ 1,26,58,500
Ex-Showroom Price
₹ 1,18,00,000
Compr. Insurance
Comprehensive Insurance
₹ 5,90,000
RTO - Individual
₹ 1,50,500
TCS
₹ 1,18,000
Depot Charges
₹ 0
On Road Price
₹ 1,26,58,500
Loan Amount
₹ 1,26,58,500
Rate of Interest
8.5 %
Duration
60 Months
EMI
₹ 2,59,709
Loan Amount
₹ 1,26,58,500
Estimated Monthly Payment
₹ 2,59,709/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 | ₹ 1,26,58,500 | ₹ 9,94,570 | ₹ 1,05,36,567 |
| 2 | ₹ 1,05,36,567 | ₹ 8,07,010 | ₹ 82,27,075 |
| 3 | ₹ 82,27,075 | ₹ 6,02,872 | ₹ 57,13,445 |
| 4 | ₹ 57,13,445 | ₹ 3,80,690 | ₹ 29,77,633 |
| 5 | ₹ 29,77,633 | ₹ 1,38,869 | ₹ 0 |
The table above provides you the loan repayment schedule for a loan amount of ₹ 1,26,58,500, EMI of ₹ 2,59,709, tenure of 5 years, interest rate of 8.5% p.a