Loan
Lease
Mercedes E-class
On Road Price Price Details
₹ 88,73,755
Ex-Showroom Price
₹ 70,00,000
Compr. Insurance
Comprehensive Insurance
₹ 4,01,691
RTO - Individual
₹ 14,02,064
TCS
₹ 70,000
Depot Charges
₹ 0
On Road Price
₹ 88,73,755
Down Payment
₹ 8,87,376
Loan Amount
₹ 79,86,379
Rate of Interest
8.7 %
Duration
60 Months
EMI
₹ 1,64,624
Loan Amount
₹ 79,86,379
Estimated Monthly Payment
₹ 1,64,624/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 | ₹ 79,86,379 | ₹ 6,42,494 | ₹ 66,53,388 |
| 2 | ₹ 66,53,388 | ₹ 5,21,786 | ₹ 51,99,690 |
| 3 | ₹ 51,99,690 | ₹ 3,90,147 | ₹ 36,14,352 |
| 4 | ₹ 36,14,352 | ₹ 2,46,588 | ₹ 18,85,456 |
| 5 | ₹ 18,85,456 | ₹ 90,029 | ₹ 0 |
The table above provides you the loan repayment schedule for a loan amount of ₹ 79,86,379, EMI of ₹ 1,64,624, tenure of 5 years, interest rate of 8.7% p.a