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
Loan Amount
₹ 1,06,35,062
Rate of Interest
8.5 %
Duration
60 Months
EMI
₹ 2,18,195
Loan Amount
₹ 1,06,35,062
Estimated Monthly Payment
₹ 2,18,195/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 | ₹ 1,06,35,062 | ₹ 8,35,589 | ₹ 88,52,317 |
| 2 | ₹ 88,52,317 | ₹ 6,78,011 | ₹ 69,11,993 |
| 3 | ₹ 69,11,993 | ₹ 5,06,504 | ₹ 48,00,162 |
| 4 | ₹ 48,00,162 | ₹ 3,19,837 | ₹ 25,01,664 |
| 5 | ₹ 25,01,664 | ₹ 1,16,671 | ₹ 0 |
The table above provides you the loan repayment schedule for a loan amount of ₹ 1,06,35,062, EMI of ₹ 2,18,195, tenure of 5 years, interest rate of 8.5% p.a