Honda Amaze

On Road Price Price Details

₹ 9,71,753

Loan Amount

₹ 8,74,578

Estimated Monthly Payment

₹ 18,028/month

Interest Rate 8.7 %

Buying a

Down Payment

Duration

Down Payment

Duration

Loan Offers

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Axis Bank

Interest Rate 9.30 %

Processing Fee: ₹ 7,000

Avail 100% With flexible repayment tenure

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HDFC Bank

Interest Rate 9.40 %

Processing Fee: ₹ 4,859

Flexible repayment, Zero Foreclosure, Top-up loan

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Union Bank of India

Interest Rate 8.70 %

Processing Fee: ₹ 1,000

Best ROI in its class

Amortization Schedule

Year

Principal

Interest

Balance

1₹ 8,74,578₹ 70,359₹ 7,28,604
2₹ 7,28,604₹ 57,140₹ 5,69,411
3₹ 5,69,411₹ 42,724₹ 3,95,803
4₹ 3,95,803₹ 27,004₹ 2,06,474
5₹ 2,06,474₹ 9,859₹ 0

The table above provides you the loan repayment schedule for a loan amount of ₹ 8,74,578, EMI of ₹ 18,028, tenure of 5 years, interest rate of 8.7% p.a