Honda City

On Road Price Price Details

₹ 14,11,466

Loan Amount

₹ 14,11,466

Estimated Monthly Payment

₹ 28,958/month

Interest Rate 8.5 %

Buying a

Down Payment

Duration

Down Payment

Duration

Loan Offers

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Axis Bank

Interest Rate 8.50 %

Processing Fee: ₹ 7,000

Avail 100% With flexible repayment tenure

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HDFC Bank

Interest Rate 8.50 %

Processing Fee: ₹ 7,057

Flexible repayment, Zero Foreclosure, Top-up loan

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Union Bank of India

Interest Rate 7.50 %

Processing Fee: ₹ 1,000

Best ROI in its class

Amortization Schedule

Year

Principal

Interest

Balance

1₹ 14,11,466₹ 1,10,898₹ 11,74,863
2₹ 11,74,863₹ 89,984₹ 9,17,347
3₹ 9,17,347₹ 67,222₹ 6,37,069
4₹ 6,37,069₹ 42,448₹ 3,32,016
5₹ 3,32,016₹ 15,484₹ 0

The table above provides you the loan repayment schedule for a loan amount of ₹ 14,11,466, EMI of ₹ 28,958, tenure of 5 years, interest rate of 8.5% p.a