Mercedes Gt

On Road Price Price Details

₹ 3,39,09,992

Loan Amount

₹ 3,39,09,992

Estimated Monthly Payment

₹ 6,95,715/month

Interest Rate 8.5 %

Buying a

Down Payment

Duration

Down Payment

Duration

Loan Offers

bank logo

Axis Bank

Interest Rate 8.50 %

Processing Fee: ₹ 3,39,099.92

Avail 100% With flexible repayment tenure

bank logo

HDFC Bank

Interest Rate 8.50 %

Processing Fee: ₹ 1,69,549.96

Flexible repayment, Zero Foreclosure, Top-up loan

Amortization Schedule

Year

Principal

Interest

Balance

1₹ 3,39,09,992₹ 26,64,285₹ 2,82,25,692
2₹ 2,82,25,692₹ 21,61,844₹ 2,20,38,951
3₹ 2,20,38,951₹ 16,14,993₹ 1,53,05,359
4₹ 1,53,05,359₹ 10,19,804₹ 79,76,578
5₹ 79,76,578₹ 3,72,007₹ 0

The table above provides you the loan repayment schedule for a loan amount of ₹ 3,39,09,992, EMI of ₹ 6,95,715, tenure of 5 years, interest rate of 8.5% p.a