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
Down Payment
₹ 2,24,304
Loan Amount
₹ 20,18,735
Rate of Interest
8.7 %
Duration
60 Months
EMI
₹ 41,612
Loan Amount
₹ 20,18,735
Estimated Monthly Payment
₹ 41,612/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: ₹ 8,000
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 | ₹ 20,18,735 | ₹ 1,62,405 | ₹ 16,81,792 |
| 2 | ₹ 16,81,792 | ₹ 1,31,893 | ₹ 13,14,337 |
| 3 | ₹ 13,14,337 | ₹ 98,618 | ₹ 9,13,608 |
| 4 | ₹ 9,13,608 | ₹ 62,331 | ₹ 4,76,591 |
| 5 | ₹ 4,76,591 | ₹ 22,757 | ₹ 0 |
The table above provides you the loan repayment schedule for a loan amount of ₹ 20,18,735, EMI of ₹ 41,612, tenure of 5 years, interest rate of 8.7% p.a