Loan
Lease
Hyundai Elantra
On Road Price Price Details
₹ 22,43,039
Ex-Showroom Price
₹ 17,86,100
Compr. Insurance
Comprehensive Insurance
₹ 98,941
RTO - Individual
₹ 3,40,137
TCS
₹ 17,861
Depot Charges
₹ 0
On Road Price
₹ 22,43,039
Loan Amount
₹ 22,43,039
Rate of Interest
8.5 %
Duration
60 Months
EMI
₹ 46,019
Loan Amount
₹ 22,43,039
Estimated Monthly Payment
₹ 46,019/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 | ₹ 22,43,039 | ₹ 1,76,234 | ₹ 18,67,040 |
| 2 | ₹ 18,67,040 | ₹ 1,42,999 | ₹ 14,57,807 |
| 3 | ₹ 14,57,807 | ₹ 1,06,827 | ₹ 10,12,401 |
| 4 | ₹ 10,12,401 | ₹ 67,457 | ₹ 5,27,625 |
| 5 | ₹ 5,27,625 | ₹ 24,607 | ₹ 0 |
The table above provides you the loan repayment schedule for a loan amount of ₹ 22,43,039, EMI of ₹ 46,019, tenure of 5 years, interest rate of 8.5% p.a