Loan
Lease
Hyundai I20
On Road Price Price Details
₹ 8,34,135
Ex-Showroom Price
₹ 7,04,400
Compr. Insurance
Comprehensive Insurance
₹ 42,108
RTO - Individual
₹ 1,12,627
TCS
₹ 0
Depot Charges
₹ 0
Cash Discount
- ₹ 25,000
On Road Price
₹ 8,34,135
Down Payment
₹ 83,414
Loan Amount
₹ 7,50,721
Rate of Interest
8.7 %
Duration
60 Months
EMI
₹ 15,475
Loan Amount
₹ 7,50,721
Estimated Monthly Payment
₹ 15,475/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: ₹ 4,171
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 | ₹ 7,50,721 | ₹ 60,395 | ₹ 6,25,420 |
| 2 | ₹ 6,25,420 | ₹ 49,048 | ₹ 4,88,772 |
| 3 | ₹ 4,88,772 | ₹ 36,674 | ₹ 3,39,750 |
| 4 | ₹ 3,39,750 | ₹ 23,179 | ₹ 1,77,233 |
| 5 | ₹ 1,77,233 | ₹ 8,463 | ₹ 0 |
The table above provides you the loan repayment schedule for a loan amount of ₹ 7,50,721, EMI of ₹ 15,475, tenure of 5 years, interest rate of 8.7% p.a