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Mercedes Eqb

On Road Price Price Details

₹ 82,74,501


Loan Amount

₹ 74,47,051

Estimated Monthly Payment

₹ 1,51,356/month

Interest Rate 8.1 %

Buying a

Down Payment

Duration

Down Payment

Duration

Loan Offers

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Axis Bank

Interest Rate 9.25 %

Processing Fee: ₹ 7,000

Avail 100% With flexible repayment tenure

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HDFC Bank

Interest Rate 9.05 %

Processing Fee: ₹ 8,000

Flexible repayment, Zero Foreclosure, Top-up loan

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Union Bank of India

Interest Rate 8.10 %

Processing Fee: ₹ 1,000

Best ROI in its class

Amortization Schedule

Year

Principal

Interest

Balance

1₹ 74,47,051₹ 5,57,147₹ 61,87,926
2₹ 61,87,926₹ 4,51,285₹ 48,22,940
3₹ 48,22,940₹ 3,36,523₹ 33,43,191
4₹ 33,43,191₹ 2,12,112₹ 17,39,031
5₹ 17,39,031₹ 77,241₹ 0

The table above provides you the loan repayment schedule for a loan amount of ₹ 74,47,051, EMI of ₹ 1,51,356, tenure of 5 years, interest rate of 8.1% p.a

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