Loan
Lease
Mercedes G-class
On Road Price Price Details
₹ 2,15,04,601
Ex-Showroom Price
₹ 1,72,00,000
Compr. Insurance
Comprehensive Insurance
₹ 6,92,704
RTO - Individual
₹ 34,39,897
TCS
₹ 1,72,000
Depot Charges
₹ 0
On Road Price
₹ 2,15,04,601
Down Payment
₹ 21,50,460
Loan Amount
₹ 1,93,54,141
Rate of Interest
8.7 %
Duration
60 Months
EMI
₹ 3,98,948
Loan Amount
₹ 1,93,54,141
Estimated Monthly Payment
₹ 3,98,948/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 | ₹ 1,93,54,141 | ₹ 15,57,015 | ₹ 1,61,23,780 |
| 2 | ₹ 1,61,23,780 | ₹ 12,64,492 | ₹ 1,26,00,896 |
| 3 | ₹ 1,26,00,896 | ₹ 9,45,480 | ₹ 87,58,999 |
| 4 | ₹ 87,58,999 | ₹ 5,97,579 | ₹ 45,69,202 |
| 5 | ₹ 45,69,202 | ₹ 2,18,175 | ₹ 0 |
The table above provides you the loan repayment schedule for a loan amount of ₹ 1,93,54,141, EMI of ₹ 3,98,948, tenure of 5 years, interest rate of 8.7% p.a