Loan
Lease
Corporate Lease Check
Individual Lease Check
Mercedes Eqs
On Road Price Price Details
₹ 1,37,55,121
Ex-Showroom Price
₹ 1,30,00,000
Compr. Insurance
Comprehensive Insurance
₹ 5,84,621
RTO - Individual
₹ 40,500
TCS
₹ 1,30,000
Depot Charges
₹ 0
On Road Price
₹ 1,37,55,121
Down Payment
₹ 13,75,512
Loan Amount
₹ 1,23,79,609
Rate of Interest
8.1 %
Duration
60 Months
EMI
₹ 2,51,607
Loan Amount
₹ 1,23,79,609
Estimated Monthly Payment
₹ 2,51,607/month
Interest Rate 8.1 %
Buying a
Down Payment
Duration
Down Payment
Duration
Loan Offers
Axis Bank
Interest Rate 9.25 %
Processing Fee: ₹ 7,000
Avail 100% With flexible repayment tenure
HDFC Bank
Interest Rate 9.05 %
Processing Fee: ₹ 8,000
Flexible repayment, Zero Foreclosure, Top-up loan
Union Bank of India
Interest Rate 8.10 %
Processing Fee: ₹ 1,000
Best ROI in its class
Amortization Schedule
Year | Principal | Interest | Balance |
|---|---|---|---|
| 1 | ₹ 1,23,79,609 | ₹ 9,26,174 | ₹ 1,02,86,503 |
| 2 | ₹ 1,02,86,503 | ₹ 7,50,195 | ₹ 80,17,417 |
| 3 | ₹ 80,17,417 | ₹ 5,59,419 | ₹ 55,57,555 |
| 4 | ₹ 55,57,555 | ₹ 3,52,604 | ₹ 28,90,879 |
| 5 | ₹ 28,90,879 | ₹ 1,28,401 | ₹ 0 |
The table above provides you the loan repayment schedule for a loan amount of ₹ 1,23,79,609, EMI of ₹ 2,51,607, tenure of 5 years, interest rate of 8.1% p.a