Loan
Lease
Mercedes Glb
On Road Price Price Details
₹ 81,02,041
Ex-Showroom Price
₹ 64,80,000
Compr. Insurance
Comprehensive Insurance
₹ 2,59,200
RTO - Individual
₹ 12,95,204
TCS
₹ 64,800
Depot Charges
₹ 2,837
On Road Price
₹ 81,02,041
Down Payment
₹ 8,10,204
Loan Amount
₹ 72,91,837
Rate of Interest
8.7 %
Duration
60 Months
EMI
₹ 1,50,307
Loan Amount
₹ 72,91,837
Estimated Monthly Payment
₹ 1,50,307/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 | ₹ 72,91,837 | ₹ 5,86,619 | ₹ 60,74,771 |
2 | ₹ 60,74,771 | ₹ 4,76,408 | ₹ 47,47,494 |
3 | ₹ 47,47,494 | ₹ 3,56,218 | ₹ 33,00,027 |
4 | ₹ 33,00,027 | ₹ 2,25,143 | ₹ 17,21,486 |
5 | ₹ 17,21,486 | ₹ 82,199 | ₹ 0 |
The table above provides you the loan repayment schedule for a loan amount of ₹ 72,91,837, EMI of ₹ 1,50,307, tenure of 5 years, interest rate of 8.7% p.a