Loan
Lease
Corporate Lease Check
Individual Lease Check
Mercedes Gle
On Road Price Price Details
₹ 1,20,66,640
Ex-Showroom Price
₹ 97,85,000
Compr. Insurance
Comprehensive Insurance
₹ 2,28,247
RTO - Individual
₹ 19,55,543
TCS
₹ 97,850
Depot Charges
₹ 0
On Road Price
₹ 1,20,66,640
Down Payment
₹ 12,06,664
Loan Amount
₹ 1,08,59,976
Rate of Interest
8.7 %
Duration
60 Months
EMI
₹ 2,23,857
Loan Amount
₹ 1,08,59,976
Estimated Monthly Payment
₹ 2,23,857/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 | ₹ 1,08,59,976 | ₹ 8,73,671 | ₹ 90,47,359 |
| 2 | ₹ 90,47,359 | ₹ 7,09,531 | ₹ 70,70,602 |
| 3 | ₹ 70,70,602 | ₹ 5,30,527 | ₹ 49,14,841 |
| 4 | ₹ 49,14,841 | ₹ 3,35,313 | ₹ 25,63,866 |
| 5 | ₹ 25,63,866 | ₹ 1,22,422 | ₹ 0 |
The table above provides you the loan repayment schedule for a loan amount of ₹ 1,08,59,976, EMI of ₹ 2,23,857, tenure of 5 years, interest rate of 8.7% p.a