Loan
Lease
Mercedes Glc
On Road Price Price Details
₹ 94,09,539
Ex-Showroom Price
₹ 74,45,000
Compr. Insurance
Comprehensive Insurance
₹ 4,19,442
RTO - Individual
₹ 14,70,647
TCS
₹ 74,450
Depot Charges
₹ 0
On Road Price
₹ 94,09,539
Down Payment
₹ 9,40,954
Loan Amount
₹ 84,68,585
Rate of Interest
8.7 %
Duration
60 Months
EMI
₹ 1,74,563
Loan Amount
₹ 84,68,585
Estimated Monthly Payment
₹ 1,74,563/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 | ₹ 84,68,585 | ₹ 6,81,287 | ₹ 70,55,110 |
| 2 | ₹ 70,55,110 | ₹ 5,53,290 | ₹ 55,13,639 |
| 3 | ₹ 55,13,639 | ₹ 4,13,703 | ₹ 38,32,582 |
| 4 | ₹ 38,32,582 | ₹ 2,61,476 | ₹ 19,99,297 |
| 5 | ₹ 19,99,297 | ₹ 95,464 | ₹ 0 |
The table above provides you the loan repayment schedule for a loan amount of ₹ 84,68,585, EMI of ₹ 1,74,563, tenure of 5 years, interest rate of 8.7% p.a