Loan
Lease
Honda City
On Road Price Price Details
₹ 14,32,212
Ex-Showroom Price
₹ 11,82,000
Compr. Insurance
Comprehensive Insurance
₹ 47,577
RTO - Individual
₹ 2,25,505
TCS
₹ 11,820
Depot Charges
₹ 5,310
Cash Discount
- ₹ 40,000
On Road Price
₹ 14,32,212
Down Payment
₹ 1,43,221
Loan Amount
₹ 12,88,991
Rate of Interest
8.7 %
Duration
60 Months
EMI
₹ 26,570
Loan Amount
₹ 12,88,991
Estimated Monthly Payment
₹ 26,570/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: ₹ 7,161
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 | ₹ 12,88,991 | ₹ 1,03,698 | ₹ 10,73,848 |
| 2 | ₹ 10,73,848 | ₹ 84,216 | ₹ 8,39,223 |
| 3 | ₹ 8,39,223 | ₹ 62,969 | ₹ 5,83,352 |
| 4 | ₹ 5,83,352 | ₹ 39,799 | ₹ 3,04,310 |
| 5 | ₹ 3,04,310 | ₹ 14,531 | ₹ 0 |
The table above provides you the loan repayment schedule for a loan amount of ₹ 12,88,991, EMI of ₹ 26,570, tenure of 5 years, interest rate of 8.7% p.a