Loan
Lease
Honda City
On Road Price Price Details
₹ 14,12,370
Ex-Showroom Price
₹ 11,62,900
Compr. Insurance
Comprehensive Insurance
₹ 50,630
RTO - Individual
₹ 2,21,901
TCS
₹ 11,629
Depot Charges
₹ 5,310
Cash Discount
- ₹ 40,000
On Road Price
₹ 14,12,370
Loan Amount
₹ 14,12,370
Rate of Interest
8.5 %
Duration
60 Months
EMI
₹ 28,977
Loan Amount
₹ 14,12,370
Estimated Monthly Payment
₹ 28,977/month
Interest Rate 8.5 %
Buying a
Down Payment
Duration
Down Payment
Duration
Loan Offers
Axis Bank
Interest Rate 8.50 %
Processing Fee: ₹ 7,000
Avail 100% With flexible repayment tenure
HDFC Bank
Interest Rate 8.50 %
Processing Fee: ₹ 7,062
Flexible repayment, Zero Foreclosure, Top-up loan
Union Bank of India
Interest Rate 7.50 %
Processing Fee: ₹ 1,000
Best ROI in its class
Amortization Schedule
Year | Principal | Interest | Balance |
|---|---|---|---|
| 1 | ₹ 14,12,370 | ₹ 1,10,969 | ₹ 11,75,616 |
| 2 | ₹ 11,75,616 | ₹ 90,042 | ₹ 9,17,935 |
| 3 | ₹ 9,17,935 | ₹ 67,265 | ₹ 6,37,477 |
| 4 | ₹ 6,37,477 | ₹ 42,475 | ₹ 3,32,229 |
| 5 | ₹ 3,32,229 | ₹ 15,494 | ₹ 0 |
The table above provides you the loan repayment schedule for a loan amount of ₹ 14,12,370, EMI of ₹ 28,977, tenure of 5 years, interest rate of 8.5% p.a