Loan
Lease
Honda Jazz
On Road Price Price Details
₹ 9,84,552
Ex-Showroom Price
₹ 8,10,600
Compr. Insurance
Comprehensive Insurance
₹ 40,275
RTO - Individual
₹ 1,28,367
TCS
₹ 0
Depot Charges
₹ 5,310
On Road Price
₹ 9,84,552
Down Payment
₹ 98,455
Loan Amount
₹ 8,86,097
Rate of Interest
8.7 %
Duration
60 Months
EMI
₹ 18,265
Loan Amount
₹ 8,86,097
Estimated Monthly Payment
₹ 18,265/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: ₹ 4,923
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 | ₹ 8,86,097 | ₹ 71,285 | ₹ 7,38,200 |
2 | ₹ 7,38,200 | ₹ 57,893 | ₹ 5,76,911 |
3 | ₹ 5,76,911 | ₹ 43,287 | ₹ 4,01,016 |
4 | ₹ 4,01,016 | ₹ 27,359 | ₹ 2,09,193 |
5 | ₹ 2,09,193 | ₹ 9,989 | ₹ 0 |
The table above provides you the loan repayment schedule for a loan amount of ₹ 8,86,097, EMI of ₹ 18,265, tenure of 5 years, interest rate of 8.7% p.a