Loan
Lease
Mercedes A-class
On Road Price Price Details
₹ 53,38,131
Ex-Showroom Price
₹ 42,00,000
Compr. Insurance
Comprehensive Insurance
₹ 2,53,634
RTO - Individual
₹ 8,42,497
TCS
₹ 42,000
Depot Charges
₹ 0
On Road Price
₹ 53,38,131
Loan Amount
₹ 53,38,131
Rate of Interest
8.5 %
Duration
60 Months
EMI
₹ 1,09,520
Loan Amount
₹ 53,38,131
Estimated Monthly Payment
₹ 1,09,520/month
Interest Rate 8.5 %
Buying a
Down Payment
Duration
Down Payment
Duration
Loan Offers
Axis Bank
Interest Rate 8.50 %
Processing Fee: ₹ 7,000
Avail 100% With flexible repayment tenure
HDFC Bank
Interest Rate 8.50 %
Processing Fee: ₹ 8,000
Flexible repayment, Zero Foreclosure, Top-up loan
Union Bank of India
Interest Rate 7.50 %
Processing Fee: ₹ 1,000
Best ROI in its class
Amortization Schedule
Year | Principal | Interest | Balance |
|---|---|---|---|
| 1 | ₹ 53,38,131 | ₹ 4,19,413 | ₹ 44,43,305 |
| 2 | ₹ 44,43,305 | ₹ 3,40,319 | ₹ 34,69,385 |
| 3 | ₹ 34,69,385 | ₹ 2,54,233 | ₹ 24,09,379 |
| 4 | ₹ 24,09,379 | ₹ 1,60,538 | ₹ 12,55,678 |
| 5 | ₹ 12,55,678 | ₹ 58,562 | ₹ 0 |
The table above provides you the loan repayment schedule for a loan amount of ₹ 53,38,131, EMI of ₹ 1,09,520, tenure of 5 years, interest rate of 8.5% p.a