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
Down Payment
₹ 10,81,657
Loan Amount
₹ 97,34,911
Rate of Interest
8.7 %
Duration
60 Months
EMI
₹ 2,00,666
Loan Amount
₹ 97,34,911
Estimated Monthly Payment
₹ 2,00,666/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 | ₹ 97,34,911 | ₹ 7,83,161 | ₹ 81,10,076 |
| 2 | ₹ 81,10,076 | ₹ 6,36,025 | ₹ 63,38,106 |
| 3 | ₹ 63,38,106 | ₹ 4,75,565 | ₹ 44,05,676 |
| 4 | ₹ 44,05,676 | ₹ 3,00,576 | ₹ 22,98,256 |
| 5 | ₹ 22,98,256 | ₹ 1,09,739 | ₹ 0 |
The table above provides you the loan repayment schedule for a loan amount of ₹ 97,34,911, EMI of ₹ 2,00,666, tenure of 5 years, interest rate of 8.7% p.a