Mercedes Eqb

On Road Price Price Details

₹ 81,25,574

Loan Amount

₹ 73,13,017

Estimated Monthly Payment

₹ 1,50,744/month

Interest Rate 8.7 %

Buying a

Down Payment

Duration

Down Payment

Duration

Loan Offers

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Axis Bank

Interest Rate 9.30 %

Processing Fee: ₹ 7,000

Avail 100% With flexible repayment tenure

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HDFC Bank

Interest Rate 9.40 %

Processing Fee: ₹ 8,000

Flexible repayment, Zero Foreclosure, Top-up loan

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Union Bank of India

Interest Rate 8.70 %

Processing Fee: ₹ 1,000

Best ROI in its class

Amortization Schedule

Year

Principal

Interest

Balance

1₹ 73,13,017₹ 5,88,323₹ 60,92,416
2₹ 60,92,416₹ 4,77,792₹ 47,61,284
3₹ 47,61,284₹ 3,57,252₹ 33,09,613
4₹ 33,09,613₹ 2,25,797₹ 17,26,486
5₹ 17,26,486₹ 82,438₹ 0

The table above provides you the loan repayment schedule for a loan amount of ₹ 73,13,017, EMI of ₹ 1,50,744, tenure of 5 years, interest rate of 8.7% p.a