Loan
Lease
Jeep Grand Cherokee
On Road Price Price Details
₹ 99,82,900
Ex-Showroom Price
₹ 80,50,000
Compr. Insurance
Comprehensive Insurance
₹ 3,41,800
RTO - Individual
₹ 15,00,600
TCS
₹ 80,500
Depot Charges
₹ 10,000
On Road Price
₹ 99,82,900
Down Payment
₹ 9,98,290
Loan Amount
₹ 89,84,610
Rate of Interest
8.7 %
Duration
60 Months
EMI
₹ 1,85,200
Loan Amount
₹ 89,84,610
Estimated Monthly Payment
₹ 1,85,200/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 | ₹ 89,84,610 | ₹ 7,22,800 | ₹ 74,85,007 |
| 2 | ₹ 74,85,007 | ₹ 5,87,005 | ₹ 58,49,608 |
| 3 | ₹ 58,49,608 | ₹ 4,38,912 | ₹ 40,66,116 |
| 4 | ₹ 40,66,116 | ₹ 2,77,409 | ₹ 21,21,122 |
| 5 | ₹ 21,21,122 | ₹ 1,01,282 | ₹ 0 |
The table above provides you the loan repayment schedule for a loan amount of ₹ 89,84,610, EMI of ₹ 1,85,200, tenure of 5 years, interest rate of 8.7% p.a