Loan
Lease
Mercedes Glc
On Road Price Price Details
₹ 78,63,251
Ex-Showroom Price
₹ 62,00,000
Compr. Insurance
Comprehensive Insurance
₹ 3,59,154
RTO - Individual
₹ 12,42,097
TCS
₹ 62,000
Depot Charges
₹ 0
On Road Price
₹ 78,63,251
Loan Amount
₹ 78,63,251
Rate of Interest
8.5 %
Duration
60 Months
EMI
₹ 1,61,327
Loan Amount
₹ 78,63,251
Estimated Monthly Payment
₹ 1,61,327/month
Interest Rate 8.5 %
Buying a
Down Payment
Duration
Down Payment
Duration
Loan Offers
Axis Bank
Interest Rate 8.50 %
Processing Fee: ₹ 7,000
Avail 100% With flexible repayment tenure
HDFC Bank
Interest Rate 8.50 %
Processing Fee: ₹ 8,000
Flexible repayment, Zero Foreclosure, Top-up loan
Union Bank of India
Interest Rate 7.50 %
Processing Fee: ₹ 1,000
Best ROI in its class
Amortization Schedule
Year | Principal | Interest | Balance |
---|---|---|---|
1 | ₹ 78,63,251 | ₹ 6,17,810 | ₹ 65,45,142 |
2 | ₹ 65,45,142 | ₹ 5,01,301 | ₹ 51,10,523 |
3 | ₹ 51,10,523 | ₹ 3,74,494 | ₹ 35,49,098 |
4 | ₹ 35,49,098 | ₹ 2,36,478 | ₹ 18,49,656 |
5 | ₹ 18,49,656 | ₹ 86,263 | ₹ 0 |
The table above provides you the loan repayment schedule for a loan amount of ₹ 78,63,251, EMI of ₹ 1,61,327, tenure of 5 years, interest rate of 8.5% p.a