Honda City

On Road Price Price Details

₹ 14,72,212

Loan Amount

₹ 13,24,991

Estimated Monthly Payment

₹ 27,312/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: ₹ 7,361

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₹ 13,24,991₹ 1,06,594₹ 11,03,839
2₹ 11,03,839₹ 86,568₹ 8,62,662
3₹ 8,62,662₹ 64,728₹ 5,99,644
4₹ 5,99,644₹ 40,910₹ 3,12,809
5₹ 3,12,809₹ 14,936₹ 0

The table above provides you the loan repayment schedule for a loan amount of ₹ 13,24,991, EMI of ₹ 27,312, tenure of 5 years, interest rate of 8.7% p.a