Loan
Lease
Mercedes Eqc
On Road Price Price Details
₹ 1,06,35,062
Ex-Showroom Price
₹ 99,50,000
Compr. Insurance
Comprehensive Insurance
₹ 5,50,271
RTO - Individual
₹ 35,291
TCS
₹ 99,500
Depot Charges
₹ 0
On Road Price
₹ 1,06,35,062
Down Payment
₹ 10,63,506
Loan Amount
₹ 95,71,556
Rate of Interest
8.7 %
Duration
60 Months
EMI
₹ 1,97,299
Loan Amount
₹ 95,71,556
Estimated Monthly Payment
₹ 1,97,299/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 | ₹ 95,71,556 | ₹ 7,70,019 | ₹ 79,73,987 |
| 2 | ₹ 79,73,987 | ₹ 6,25,352 | ₹ 62,31,751 |
| 3 | ₹ 62,31,751 | ₹ 4,67,585 | ₹ 43,31,747 |
| 4 | ₹ 43,31,747 | ₹ 2,95,532 | ₹ 22,59,691 |
| 5 | ₹ 22,59,691 | ₹ 1,07,898 | ₹ 0 |
The table above provides you the loan repayment schedule for a loan amount of ₹ 95,71,556, EMI of ₹ 1,97,299, tenure of 5 years, interest rate of 8.7% p.a