Loan
Lease
Mercedes Gls
On Road Price Price Details
₹ 1,53,10,432
Ex-Showroom Price
₹ 1,21,00,000
Compr. Insurance
Comprehensive Insurance
₹ 6,68,443
RTO - Individual
₹ 24,20,989
TCS
₹ 1,21,000
Depot Charges
₹ 0
On Road Price
₹ 1,53,10,432
Loan Amount
₹ 1,53,10,432
Rate of Interest
8.5 %
Duration
60 Months
EMI
₹ 3,14,117
Loan Amount
₹ 1,53,10,432
Estimated Monthly Payment
₹ 3,14,117/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 | ₹ 1,53,10,432 | ₹ 12,02,930 | ₹ 1,27,43,959 |
| 2 | ₹ 1,27,43,959 | ₹ 9,76,077 | ₹ 99,50,632 |
| 3 | ₹ 99,50,632 | ₹ 7,29,173 | ₹ 69,10,401 |
| 4 | ₹ 69,10,401 | ₹ 4,60,444 | ₹ 36,01,442 |
| 5 | ₹ 36,01,442 | ₹ 1,67,962 | ₹ 0 |
The table above provides you the loan repayment schedule for a loan amount of ₹ 1,53,10,432, EMI of ₹ 3,14,117, tenure of 5 years, interest rate of 8.5% p.a