Loan
Lease
Hyundai Alcazar
On Road Price Price Details
₹ 20,77,576
Ex-Showroom Price
₹ 16,77,500
Compr. Insurance
Comprehensive Insurance
₹ 78,594
RTO - Individual
₹ 3,19,707
TCS
₹ 16,775
Depot Charges
₹ 0
Cash Discount
- ₹ 15,000
On Road Price
₹ 20,77,576
Loan Amount
₹ 20,77,576
Rate of Interest
8.5 %
Duration
60 Months
EMI
₹ 42,625
Loan Amount
₹ 20,77,576
Estimated Monthly Payment
₹ 42,625/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: ₹ 8,000
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 | ₹ 20,77,576 | ₹ 1,63,234 | ₹ 17,29,314 |
| 2 | ₹ 17,29,314 | ₹ 1,32,451 | ₹ 13,50,269 |
| 3 | ₹ 13,50,269 | ₹ 98,946 | ₹ 9,37,719 |
| 4 | ₹ 9,37,719 | ₹ 62,481 | ₹ 4,88,704 |
| 5 | ₹ 4,88,704 | ₹ 22,792 | ₹ 0 |
The table above provides you the loan repayment schedule for a loan amount of ₹ 20,77,576, EMI of ₹ 42,625, tenure of 5 years, interest rate of 8.5% p.a