Loan
Lease
Ford Aspire
On Road Price Price Details
₹ 8,83,596
Ex-Showroom Price
₹ 7,28,000
Compr. Insurance
Comprehensive Insurance
₹ 39,428
RTO - Individual
₹ 1,16,168
TCS
₹ 0
Depot Charges
₹ 0
On Road Price
₹ 8,83,596
Loan Amount
₹ 8,83,596
Rate of Interest
8.5 %
Duration
60 Months
EMI
₹ 18,128
Loan Amount
₹ 8,83,596
Estimated Monthly Payment
₹ 18,128/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: ₹ 4,418
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 | ₹ 8,83,596 | ₹ 69,424 | ₹ 7,35,480 |
| 2 | ₹ 7,35,480 | ₹ 56,331 | ₹ 5,74,271 |
| 3 | ₹ 5,74,271 | ₹ 42,082 | ₹ 3,98,813 |
| 4 | ₹ 3,98,813 | ₹ 26,573 | ₹ 2,07,846 |
| 5 | ₹ 2,07,846 | ₹ 9,693 | ₹ 0 |
The table above provides you the loan repayment schedule for a loan amount of ₹ 8,83,596, EMI of ₹ 18,128, tenure of 5 years, interest rate of 8.5% p.a