Loan
Lease
Mercedes Eqb
On Road Price Price Details
₹ 78,48,000
Ex-Showroom Price
₹ 74,50,000
Compr. Insurance
Comprehensive Insurance
₹ 2,98,000
RTO - Individual
₹ 25,500
TCS
₹ 74,500
Depot Charges
₹ 0
On Road Price
₹ 78,48,000
Loan Amount
₹ 78,48,000
Rate of Interest
8.5 %
Duration
60 Months
EMI
₹ 1,61,014
Loan Amount
₹ 78,48,000
Estimated Monthly Payment
₹ 1,61,014/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 | ₹ 78,48,000 | ₹ 6,16,612 | ₹ 65,32,447 |
| 2 | ₹ 65,32,447 | ₹ 5,00,329 | ₹ 51,00,611 |
| 3 | ₹ 51,00,611 | ₹ 3,73,768 | ₹ 35,42,214 |
| 4 | ₹ 35,42,214 | ₹ 2,36,020 | ₹ 18,46,069 |
| 5 | ₹ 18,46,069 | ₹ 86,096 | ₹ 0 |
The table above provides you the loan repayment schedule for a loan amount of ₹ 78,48,000, EMI of ₹ 1,61,014, tenure of 5 years, interest rate of 8.5% p.a