Loan
Lease
Honda City E:hev
On Road Price Price Details
₹ 22,88,259
Ex-Showroom Price
₹ 19,00,100
Compr. Insurance
Comprehensive Insurance
₹ 72,837
RTO - Individual
₹ 3,61,011
TCS
₹ 19,001
Depot Charges
₹ 5,310
Cash Discount
- ₹ 70,000
On Road Price
₹ 22,88,259
Down Payment
₹ 2,28,826
Loan Amount
₹ 20,59,433
Rate of Interest
8.7 %
Duration
60 Months
EMI
₹ 42,451
Loan Amount
₹ 20,59,433
Estimated Monthly Payment
₹ 42,451/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 | ₹ 20,59,433 | ₹ 1,65,679 | ₹ 17,15,697 |
2 | ₹ 17,15,697 | ₹ 1,34,552 | ₹ 13,40,835 |
3 | ₹ 13,40,835 | ₹ 1,00,606 | ₹ 9,32,026 |
4 | ₹ 9,32,026 | ₹ 63,587 | ₹ 4,86,199 |
5 | ₹ 4,86,199 | ₹ 23,216 | ₹ 0 |
The table above provides you the loan repayment schedule for a loan amount of ₹ 20,59,433, EMI of ₹ 42,451, tenure of 5 years, interest rate of 8.7% p.a