Loan
Lease
Mercedes Maybach S-class
On Road Price Price Details
₹ 3,40,08,598
Ex-Showroom Price
₹ 2,71,95,000
Compr. Insurance
Comprehensive Insurance
₹ 11,04,718
RTO - Individual
₹ 54,36,930
TCS
₹ 2,71,950
Depot Charges
₹ 0
On Road Price
₹ 3,40,08,598
Down Payment
₹ 34,00,860
Loan Amount
₹ 3,06,07,738
Rate of Interest
8.7 %
Duration
60 Months
EMI
₹ 6,30,919
Loan Amount
₹ 3,06,07,738
Estimated Monthly Payment
₹ 6,30,919/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 | ₹ 3,06,07,738 | ₹ 24,62,353 | ₹ 2,54,99,061 |
| 2 | ₹ 2,54,99,061 | ₹ 19,99,740 | ₹ 1,99,27,772 |
| 3 | ₹ 1,99,27,772 | ₹ 14,95,235 | ₹ 1,38,51,978 |
| 4 | ₹ 1,38,51,978 | ₹ 9,45,046 | ₹ 72,25,995 |
| 5 | ₹ 72,25,995 | ₹ 3,45,034 | ₹ 0 |
The table above provides you the loan repayment schedule for a loan amount of ₹ 3,06,07,738, EMI of ₹ 6,30,919, tenure of 5 years, interest rate of 8.7% p.a