Mercedes Eqb

On Road Price Price Details

₹ 81,51,000

Loan Amount

₹ 81,51,000

Estimated Monthly Payment

₹ 1,67,230/month

Interest Rate 8.5 %

Buying a

Down Payment

Duration

Down Payment

Duration

Loan Offers

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Axis Bank

Interest Rate 8.50 %

Processing Fee: ₹ 7,000

Avail 100% With flexible repayment tenure

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HDFC Bank

Interest Rate 8.50 %

Processing Fee: ₹ 8,000

Flexible repayment, Zero Foreclosure, Top-up loan

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Union Bank of India

Interest Rate 7.50 %

Processing Fee: ₹ 1,000

Best ROI in its class

Amortization Schedule

Year

Principal

Interest

Balance

1₹ 81,51,000₹ 6,40,418₹ 67,84,655
2₹ 67,84,655₹ 5,19,646₹ 52,97,539
3₹ 52,97,539₹ 3,88,198₹ 36,78,974
4₹ 36,78,974₹ 2,45,132₹ 19,17,343
5₹ 19,17,343₹ 89,420₹ 0

The table above provides you the loan repayment schedule for a loan amount of ₹ 81,51,000, EMI of ₹ 1,67,230, tenure of 5 years, interest rate of 8.5% p.a