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
Down Payment
₹ 88,360
Loan Amount
₹ 7,95,236
Rate of Interest
8.7 %
Duration
60 Months
EMI
₹ 16,392
Loan Amount
₹ 7,95,236
Estimated Monthly Payment
₹ 16,392/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: ₹ 4,418
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 | ₹ 7,95,236 | ₹ 63,976 | ₹ 6,62,505 |
| 2 | ₹ 6,62,505 | ₹ 51,956 | ₹ 5,17,754 |
| 3 | ₹ 5,17,754 | ₹ 38,849 | ₹ 3,59,896 |
| 4 | ₹ 3,59,896 | ₹ 24,554 | ₹ 1,87,742 |
| 5 | ₹ 1,87,742 | ₹ 8,965 | ₹ 0 |
The table above provides you the loan repayment schedule for a loan amount of ₹ 7,95,236, EMI of ₹ 16,392, tenure of 5 years, interest rate of 8.7% p.a