Loan
Lease
Corporate Lease Check
Individual Lease Check
Mercedes Gla
On Road Price Price Details
₹ 61,41,683
Ex-Showroom Price
₹ 49,70,000
Compr. Insurance
Comprehensive Insurance
₹ 1,27,995
RTO - Individual
₹ 9,93,988
TCS
₹ 49,700
Depot Charges
₹ 0
On Road Price
₹ 61,41,683
Down Payment
₹ 6,14,168
Loan Amount
₹ 55,27,515
Rate of Interest
8.1 %
Duration
60 Months
EMI
₹ 1,12,343
Loan Amount
₹ 55,27,515
Estimated Monthly Payment
₹ 1,12,343/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 | ₹ 55,27,515 | ₹ 4,13,538 | ₹ 45,92,940 |
| 2 | ₹ 45,92,940 | ₹ 3,34,963 | ₹ 35,79,789 |
| 3 | ₹ 35,79,789 | ₹ 2,49,782 | ₹ 24,81,457 |
| 4 | ₹ 24,81,457 | ₹ 1,57,438 | ₹ 12,90,782 |
| 5 | ₹ 12,90,782 | ₹ 57,331 | ₹ 0 |
The table above provides you the loan repayment schedule for a loan amount of ₹ 55,27,515, EMI of ₹ 1,12,343, tenure of 5 years, interest rate of 8.1% p.a
