Loan
Lease
Mercedes Eqs
On Road Price Price Details
₹ 1,70,83,735
Ex-Showroom Price
₹ 1,62,25,000
Compr. Insurance
Comprehensive Insurance
₹ 6,55,985
RTO - Individual
₹ 40,500
TCS
₹ 1,62,250
Depot Charges
₹ 0
On Road Price
₹ 1,70,83,735
Down Payment
₹ 17,08,374
Loan Amount
₹ 1,53,75,361
Rate of Interest
8.7 %
Duration
60 Months
EMI
₹ 3,16,933
Loan Amount
₹ 1,53,75,361
Estimated Monthly Payment
₹ 3,16,933/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 | ₹ 1,53,75,361 | ₹ 12,36,928 | ₹ 1,28,09,090 |
| 2 | ₹ 1,28,09,090 | ₹ 10,04,541 | ₹ 1,00,10,432 |
| 3 | ₹ 1,00,10,432 | ₹ 7,51,110 | ₹ 69,58,344 |
| 4 | ₹ 69,58,344 | ₹ 4,74,730 | ₹ 36,29,876 |
| 5 | ₹ 36,29,876 | ₹ 1,73,323 | ₹ 0 |
The table above provides you the loan repayment schedule for a loan amount of ₹ 1,53,75,361, EMI of ₹ 3,16,933, tenure of 5 years, interest rate of 8.7% p.a