Loan
Lease
Mercedes Cls
On Road Price Price Details
₹ 1,08,16,568
Ex-Showroom Price
₹ 86,39,399
Compr. Insurance
Comprehensive Insurance
₹ 3,61,286
RTO - Individual
₹ 17,29,489
TCS
₹ 86,394
Depot Charges
₹ 0
On Road Price
₹ 1,08,16,568
Loan Amount
₹ 1,08,16,568
Rate of Interest
8.5 %
Duration
60 Months
EMI
₹ 2,21,918
Loan Amount
₹ 1,08,16,568
Estimated Monthly Payment
₹ 2,21,918/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 | ₹ 1,08,16,568 | ₹ 8,49,850 | ₹ 90,03,397 |
| 2 | ₹ 90,03,397 | ₹ 6,89,582 | ₹ 70,29,958 |
| 3 | ₹ 70,29,958 | ₹ 5,15,148 | ₹ 48,82,085 |
| 4 | ₹ 48,82,085 | ₹ 3,25,296 | ₹ 25,44,359 |
| 5 | ₹ 25,44,359 | ₹ 1,18,662 | ₹ 0 |
The table above provides you the loan repayment schedule for a loan amount of ₹ 1,08,16,568, EMI of ₹ 2,21,918, tenure of 5 years, interest rate of 8.5% p.a