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Mercedes Gle

On Road Price Price Details

₹ 1,16,79,111


Loan Amount

₹ 1,05,11,200

Estimated Monthly Payment

₹ 2,13,633/month

Interest Rate 8.1 %

Buying a

Down Payment

Duration

Down Payment

Duration

Loan Offers

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Axis Bank

Interest Rate 9.25 %

Processing Fee: ₹ 7,000

Avail 100% With flexible repayment tenure

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HDFC Bank

Interest Rate 9.05 %

Processing Fee: ₹ 8,000

Flexible repayment, Zero Foreclosure, Top-up loan

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Union Bank of India

Interest Rate 8.10 %

Processing Fee: ₹ 1,000

Best ROI in its class

Amortization Schedule

Year

Principal

Interest

Balance

1₹ 1,05,11,200₹ 7,86,390₹ 87,33,998
2₹ 87,33,998₹ 6,36,971₹ 68,07,377
3₹ 68,07,377₹ 4,74,988₹ 47,18,774
4₹ 47,18,774₹ 2,99,387₹ 24,54,569
5₹ 24,54,569₹ 1,09,022₹ 0

The table above provides you the loan repayment schedule for a loan amount of ₹ 1,05,11,200, EMI of ₹ 2,13,633, tenure of 5 years, interest rate of 8.1% p.a

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