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Honda City

On Road Price Price Details

₹ 14,64,445


Loan Amount

₹ 13,18,000

Estimated Monthly Payment

₹ 26,787/month

Interest Rate 8.1 %

Buying a

Down Payment

Duration

Down Payment

Duration

Loan Offers

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Axis Bank

Interest Rate 9.25 %

Processing Fee: ₹ 7,000

Avail 100% With flexible repayment tenure

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HDFC Bank

Interest Rate 9.05 %

Processing Fee: ₹ 7,322

Flexible repayment, Zero Foreclosure, Top-up loan

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Union Bank of India

Interest Rate 8.10 %

Processing Fee: ₹ 1,000

Best ROI in its class

Amortization Schedule

Year

Principal

Interest

Balance

1₹ 13,18,000₹ 98,606₹ 10,95,157
2₹ 10,95,157₹ 79,870₹ 8,53,577
3₹ 8,53,577₹ 59,559₹ 5,91,687
4₹ 5,91,687₹ 37,540₹ 3,07,779
5₹ 3,07,779₹ 13,670₹ 0

The table above provides you the loan repayment schedule for a loan amount of ₹ 13,18,000, EMI of ₹ 26,787, tenure of 5 years, interest rate of 8.1% p.a

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