Loan
Lease
Lease Assessment Form
Mercedes Gls
On Road Price Price Details
₹ 1,65,75,741
Ex-Showroom Price
₹ 1,37,50,000
Compr. Insurance
Comprehensive Insurance
₹ 2,77,654
RTO - Individual
₹ 27,60,587
TCS
₹ 1,37,500
Depot Charges
₹ 0
Cash Discount
- ₹ 3,50,000
On Road Price
₹ 1,65,75,741
Down Payment
₹ 16,57,574
Loan Amount
₹ 1,49,18,167
Rate of Interest
8.1 %
Duration
60 Months
EMI
₹ 3,03,201
Loan Amount
₹ 1,49,18,167
Estimated Monthly Payment
₹ 3,03,201/month
Interest Rate 8.1 %
Down Payment
Duration
Down Payment
Duration
Loan Offers
Axis Bank
Interest Rate 9.25 %
Processing Fee: ₹ 7,000
Avail 100% With flexible repayment tenure
HDFC Bank
Interest Rate 9.05 %
Processing Fee: ₹ 8,000
Flexible repayment, Zero Foreclosure, Top-up loan
Union Bank of India
Interest Rate 8.10 %
Processing Fee: ₹ 1,000
Best ROI in its class
Amortization Schedule
Year | Principal | Interest | Balance |
|---|---|---|---|
| 1 | ₹ 1,49,18,167 | ₹ 11,16,095 | ₹ 1,23,95,849 |
| 2 | ₹ 1,23,95,849 | ₹ 9,04,029 | ₹ 96,61,465 |
| 3 | ₹ 96,61,465 | ₹ 6,74,134 | ₹ 66,97,186 |
| 4 | ₹ 66,97,186 | ₹ 4,24,909 | ₹ 34,83,682 |
| 5 | ₹ 34,83,682 | ₹ 1,54,731 | ₹ 0 |
The table above provides you the loan repayment schedule for a loan amount of ₹ 1,49,18,167, EMI of ₹ 3,03,201, tenure of 5 years, interest rate of 8.1% p.a
