Loan
Lease
Hyundai I20
On Road Price Price Details
₹ 8,24,135
Ex-Showroom Price
₹ 7,04,400
Compr. Insurance
Comprehensive Insurance
₹ 42,108
RTO - Individual
₹ 1,12,627
TCS
₹ 0
Depot Charges
₹ 0
Cash Discount
- ₹ 35,000
On Road Price
₹ 8,24,135
Down Payment
₹ 82,414
Loan Amount
₹ 7,41,721
Rate of Interest
8.7 %
Duration
60 Months
EMI
₹ 15,289
Loan Amount
₹ 7,41,721
Estimated Monthly Payment
₹ 15,289/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: ₹ 4,121
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 | ₹ 7,41,721 | ₹ 59,670 | ₹ 6,17,922 |
2 | ₹ 6,17,922 | ₹ 48,460 | ₹ 4,82,912 |
3 | ₹ 4,82,912 | ₹ 36,234 | ₹ 3,35,677 |
4 | ₹ 3,35,677 | ₹ 22,901 | ₹ 1,75,108 |
5 | ₹ 1,75,108 | ₹ 8,361 | ₹ 0 |
The table above provides you the loan repayment schedule for a loan amount of ₹ 7,41,721, EMI of ₹ 15,289, tenure of 5 years, interest rate of 8.7% p.a