Loan
Lease
Bmw Ix
On Road Price Price Details
₹ 1,29,91,500
Ex-Showroom Price
₹ 1,21,00,000
Compr. Insurance
Comprehensive Insurance
₹ 6,20,000
RTO - Individual
₹ 1,50,500
TCS
₹ 1,21,000
Depot Charges
₹ 0
On Road Price
₹ 1,29,91,500
Down Payment
₹ 12,99,150
Loan Amount
₹ 1,16,92,350
Rate of Interest
8.7 %
Duration
60 Months
EMI
₹ 2,41,015
Loan Amount
₹ 1,16,92,350
Estimated Monthly Payment
₹ 2,41,015/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 | ₹ 1,16,92,350 | ₹ 9,40,634 | ₹ 97,40,803 |
2 | ₹ 97,40,803 | ₹ 7,63,913 | ₹ 76,12,535 |
3 | ₹ 76,12,535 | ₹ 5,71,189 | ₹ 52,91,544 |
4 | ₹ 52,91,544 | ₹ 3,61,014 | ₹ 27,60,376 |
5 | ₹ 27,60,376 | ₹ 1,31,805 | ₹ 0 |
The table above provides you the loan repayment schedule for a loan amount of ₹ 1,16,92,350, EMI of ₹ 2,41,015, tenure of 5 years, interest rate of 8.7% p.a