Loan
Lease
Mercedes A-class
On Road Price Price Details
₹ 57,58,666
Ex-Showroom Price
₹ 46,05,000
Compr. Insurance
Comprehensive Insurance
₹ 1,84,200
RTO - Individual
₹ 9,20,579
TCS
₹ 46,050
Depot Charges
₹ 2,837
On Road Price
₹ 57,58,666
Down Payment
₹ 5,75,867
Loan Amount
₹ 51,82,799
Rate of Interest
8.7 %
Duration
60 Months
EMI
₹ 1,06,833
Loan Amount
₹ 51,82,799
Estimated Monthly Payment
₹ 1,06,833/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 | ₹ 51,82,799 | ₹ 4,16,949 | ₹ 43,17,748 |
| 2 | ₹ 43,17,748 | ₹ 3,38,615 | ₹ 33,74,364 |
| 3 | ₹ 33,74,364 | ₹ 2,53,188 | ₹ 23,45,551 |
| 4 | ₹ 23,45,551 | ₹ 1,60,024 | ₹ 12,23,576 |
| 5 | ₹ 12,23,576 | ₹ 58,425 | ₹ 0 |
The table above provides you the loan repayment schedule for a loan amount of ₹ 51,82,799, EMI of ₹ 1,06,833, tenure of 5 years, interest rate of 8.7% p.a