Loan
Lease
Corporate Lease Check
Individual Lease Check
Mercedes A-class
On Road Price Price Details
₹ 54,92,662
Ex-Showroom Price
₹ 44,45,000
Compr. Insurance
Comprehensive Insurance
₹ 1,13,471
RTO - Individual
₹ 8,89,741
TCS
₹ 44,450
Depot Charges
₹ 0
On Road Price
₹ 54,92,662
Down Payment
₹ 5,49,266
Loan Amount
₹ 49,43,396
Rate of Interest
8.1 %
Duration
60 Months
EMI
₹ 1,00,471
Loan Amount
₹ 49,43,396
Estimated Monthly Payment
₹ 1,00,471/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: ₹ 8,000
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 | ₹ 49,43,396 | ₹ 3,69,838 | ₹ 41,07,582 |
| 2 | ₹ 41,07,582 | ₹ 2,99,566 | ₹ 32,01,496 |
| 3 | ₹ 32,01,496 | ₹ 2,23,386 | ₹ 22,19,230 |
| 4 | ₹ 22,19,230 | ₹ 1,40,801 | ₹ 11,54,379 |
| 5 | ₹ 11,54,379 | ₹ 51,273 | ₹ 0 |
The table above provides you the loan repayment schedule for a loan amount of ₹ 49,43,396, EMI of ₹ 1,00,471, tenure of 5 years, interest rate of 8.1% p.a
