Loan
Lease
Corporate Lease Check
Individual Lease Check
Bmw M8
On Road Price Price Details
₹ 3,05,25,960
Ex-Showroom Price
₹ 2,44,00,000
Compr. Insurance
Comprehensive Insurance
₹ 11,99,602
RTO - Individual
₹ 46,77,358
TCS
₹ 2,44,000
Depot Charges
₹ 5,000
On Road Price
₹ 3,05,25,960
Down Payment
₹ 30,52,596
Loan Amount
₹ 2,74,73,364
Rate of Interest
8.7 %
Duration
60 Months
EMI
₹ 5,66,310
Loan Amount
₹ 2,74,73,364
Estimated Monthly Payment
₹ 5,66,310/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 | ₹ 2,74,73,364 | ₹ 22,10,196 | ₹ 2,28,87,840 |
2 | ₹ 2,28,87,840 | ₹ 17,94,957 | ₹ 1,78,87,076 |
3 | ₹ 1,78,87,076 | ₹ 13,42,116 | ₹ 1,24,33,472 |
4 | ₹ 1,24,33,472 | ₹ 8,48,269 | ₹ 64,86,020 |
5 | ₹ 64,86,020 | ₹ 3,09,701 | ₹ 0 |
The table above provides you the loan repayment schedule for a loan amount of ₹ 2,74,73,364, EMI of ₹ 5,66,310, tenure of 5 years, interest rate of 8.7% p.a