Loan
Lease
Lease Assessment Form
Kia Sonet
On Road Price Price Details
₹ 8,88,642
Ex-Showroom Price
₹ 7,33,500
Compr. Insurance
Comprehensive Insurance
₹ 36,844
RTO - Individual
₹ 1,18,298
TCS
₹ 0
Depot Charges
₹ 0
On Road Price
₹ 8,88,642
Down Payment
₹ 88,864
Loan Amount
₹ 7,99,778
Rate of Interest
8.1 %
Duration
60 Months
EMI
₹ 16,255
Loan Amount
₹ 7,99,778
Estimated Monthly Payment
₹ 16,255/month
Interest Rate 8.1 %
Buying a
Down Payment
Duration
Down Payment
Duration
Loan Offers
Axis Bank
Interest Rate 9.25 %
Processing Fee: ₹ 7,000
Avail 100% With flexible repayment tenure
HDFC Bank
Interest Rate 9.05 %
Processing Fee: ₹ 4,443
Flexible repayment, Zero Foreclosure, Top-up loan
Union Bank of India
Interest Rate 8.10 %
Processing Fee: ₹ 1,000
Best ROI in its class
Amortization Schedule
Year | Principal | Interest | Balance |
|---|---|---|---|
| 1 | ₹ 7,99,778 | ₹ 59,835 | ₹ 6,64,554 |
| 2 | ₹ 6,64,554 | ₹ 48,466 | ₹ 5,17,961 |
| 3 | ₹ 5,17,961 | ₹ 36,141 | ₹ 3,59,043 |
| 4 | ₹ 3,59,043 | ₹ 22,780 | ₹ 1,86,764 |
| 5 | ₹ 1,86,764 | ₹ 8,295 | ₹ 0 |
The table above provides you the loan repayment schedule for a loan amount of ₹ 7,99,778, EMI of ₹ 16,255, tenure of 5 years, interest rate of 8.1% p.a
