Loan
Lease
Mercedes Gt
On Road Price Price Details
₹ 3,39,13,768
Ex-Showroom Price
₹ 2,71,40,751
Compr. Insurance
Comprehensive Insurance
₹ 10,75,550
RTO - Individual
₹ 54,26,059
TCS
₹ 2,71,408
Depot Charges
₹ 0
On Road Price
₹ 3,39,13,768
Down Payment
₹ 33,91,377
Loan Amount
₹ 3,05,22,391
Rate of Interest
8.7 %
Duration
60 Months
EMI
₹ 6,29,160
Loan Amount
₹ 3,05,22,391
Estimated Monthly Payment
₹ 6,29,160/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 | ₹ 3,05,22,391 | ₹ 24,55,487 | ₹ 2,54,27,960 |
| 2 | ₹ 2,54,27,960 | ₹ 19,94,164 | ₹ 1,98,72,205 |
| 3 | ₹ 1,98,72,205 | ₹ 14,91,066 | ₹ 1,38,13,353 |
| 4 | ₹ 1,38,13,353 | ₹ 9,42,411 | ₹ 72,05,846 |
| 5 | ₹ 72,05,846 | ₹ 3,44,072 | ₹ 0 |
The table above provides you the loan repayment schedule for a loan amount of ₹ 3,05,22,391, EMI of ₹ 6,29,160, tenure of 5 years, interest rate of 8.7% p.a