Loan
Lease
Corporate Lease Check
Individual Lease Check
Honda City
On Road Price Price Details
₹ 14,72,212
Ex-Showroom Price
₹ 11,82,000
Compr. Insurance
Comprehensive Insurance
₹ 47,577
RTO - Individual
₹ 2,25,505
TCS
₹ 11,820
Depot Charges
₹ 5,310
On Road Price
₹ 14,72,212
Down Payment
₹ 1,47,221
Loan Amount
₹ 13,24,991
Rate of Interest
8.7 %
Duration
60 Months
EMI
₹ 27,312
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
Axis Bank
Interest Rate 9.30 %
Processing Fee: ₹ 7,000
Avail 100% With flexible repayment tenure
HDFC Bank
Interest Rate 9.40 %
Processing Fee: ₹ 7,361
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 | ₹ 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