Honda Wr-v

On Road Price Price Details

₹ 11,14,234

Loan Amount

₹ 10,02,811

Estimated Monthly Payment

₹ 20,671/month

Interest Rate 8.7 %

Buying a

Down Payment

Duration

Down Payment

Duration

Loan Offers

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Axis Bank

Interest Rate 9.30 %

Processing Fee: ₹ 7,000

Avail 100% With flexible repayment tenure

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HDFC Bank

Interest Rate 9.40 %

Processing Fee: ₹ 5,571

Flexible repayment, Zero Foreclosure, Top-up loan

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Union Bank of India

Interest Rate 8.70 %

Processing Fee: ₹ 1,000

Best ROI in its class

Amortization Schedule

Year

Principal

Interest

Balance

1₹ 10,02,811₹ 80,675₹ 8,35,434
2₹ 8,35,434₹ 65,518₹ 6,52,900
3₹ 6,52,900₹ 48,989₹ 4,53,837
4₹ 4,53,837₹ 30,963₹ 2,36,748
5₹ 2,36,748₹ 11,304₹ 0

The table above provides you the loan repayment schedule for a loan amount of ₹ 10,02,811, EMI of ₹ 20,671, tenure of 5 years, interest rate of 8.7% p.a