Loan
Lease
Honda Amaze
On Road Price Price Details
₹ 8,56,629
Ex-Showroom Price
₹ 7,19,500
Compr. Insurance
Comprehensive Insurance
₹ 37,547
RTO - Individual
₹ 1,14,272
TCS
₹ 0
Depot Charges
₹ 5,310
Cash Discount
- ₹ 20,000
On Road Price
₹ 8,56,629
Down Payment
₹ 85,663
Loan Amount
₹ 7,70,966
Rate of Interest
8.7 %
Duration
60 Months
EMI
₹ 15,892
Loan Amount
₹ 7,70,966
Estimated Monthly Payment
₹ 15,892/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: ₹ 4,283
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 | ₹ 7,70,966 | ₹ 62,023 | ₹ 6,42,286 |
| 2 | ₹ 6,42,286 | ₹ 50,371 | ₹ 5,01,953 |
| 3 | ₹ 5,01,953 | ₹ 37,663 | ₹ 3,48,912 |
| 4 | ₹ 3,48,912 | ₹ 23,804 | ₹ 1,82,013 |
| 5 | ₹ 1,82,013 | ₹ 8,691 | ₹ 0 |
The table above provides you the loan repayment schedule for a loan amount of ₹ 7,70,966, EMI of ₹ 15,892, tenure of 5 years, interest rate of 8.7% p.a