Loan
Lease
Mercedes Gle
On Road Price Price Details
₹ 1,21,71,895
Ex-Showroom Price
₹ 96,65,000
Compr. Insurance
Comprehensive Insurance
₹ 5,30,848
RTO - Individual
₹ 18,79,397
TCS
₹ 96,650
Depot Charges
₹ 0
On Road Price
₹ 1,21,71,895
Down Payment
₹ 12,17,190
Loan Amount
₹ 1,09,54,705
Rate of Interest
8.7 %
Duration
60 Months
EMI
₹ 2,25,810
Loan Amount
₹ 1,09,54,705
Estimated Monthly Payment
₹ 2,25,810/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 | ₹ 1,09,54,705 | ₹ 8,81,292 | ₹ 91,26,277 |
| 2 | ₹ 91,26,277 | ₹ 7,15,720 | ₹ 71,32,277 |
| 3 | ₹ 71,32,277 | ₹ 5,35,154 | ₹ 49,57,712 |
| 4 | ₹ 49,57,712 | ₹ 3,38,238 | ₹ 25,86,230 |
| 5 | ₹ 25,86,230 | ₹ 1,23,490 | ₹ 0 |
The table above provides you the loan repayment schedule for a loan amount of ₹ 1,09,54,705, EMI of ₹ 2,25,810, tenure of 5 years, interest rate of 8.7% p.a