Loan
Lease
Mercedes Eqb
On Road Price Price Details
₹ 81,51,000
Ex-Showroom Price
₹ 77,50,000
Compr. Insurance
Comprehensive Insurance
₹ 2,98,000
RTO - Individual
₹ 25,500
TCS
₹ 77,500
Depot Charges
₹ 0
On Road Price
₹ 81,51,000
Down Payment
₹ 8,15,100
Loan Amount
₹ 73,35,900
Rate of Interest
8.7 %
Duration
60 Months
EMI
₹ 1,51,215
Loan Amount
₹ 73,35,900
Estimated Monthly Payment
₹ 1,51,215/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 | ₹ 73,35,900 | ₹ 5,90,164 | ₹ 61,11,480 |
2 | ₹ 61,11,480 | ₹ 4,79,287 | ₹ 47,76,183 |
3 | ₹ 47,76,183 | ₹ 3,58,370 | ₹ 33,19,969 |
4 | ₹ 33,19,969 | ₹ 2,26,504 | ₹ 17,31,888 |
5 | ₹ 17,31,888 | ₹ 82,696 | ₹ 0 |
The table above provides you the loan repayment schedule for a loan amount of ₹ 73,35,900, EMI of ₹ 1,51,215, tenure of 5 years, interest rate of 8.7% p.a