Loan
Lease
Mg Astor
On Road Price Price Details
₹ 12,89,940
Ex-Showroom Price
₹ 10,31,800
Compr. Insurance
Comprehensive Insurance
₹ 49,921
RTO - Individual
₹ 1,97,901
TCS
₹ 10,318
Depot Charges
₹ 0
On Road Price
₹ 12,89,940
Loan Amount
₹ 12,89,940
Rate of Interest
8.5 %
Duration
60 Months
EMI
₹ 26,465
Loan Amount
₹ 12,89,940
Estimated Monthly Payment
₹ 26,465/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: ₹ 6,450
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 | ₹ 12,89,940 | ₹ 1,01,350 | ₹ 10,73,709 |
| 2 | ₹ 10,73,709 | ₹ 82,237 | ₹ 8,38,364 |
| 3 | ₹ 8,38,364 | ₹ 61,435 | ₹ 5,82,218 |
| 4 | ₹ 5,82,218 | ₹ 38,793 | ₹ 3,03,430 |
| 5 | ₹ 3,03,430 | ₹ 14,151 | ₹ 0 |
The table above provides you the loan repayment schedule for a loan amount of ₹ 12,89,940, EMI of ₹ 26,465, tenure of 5 years, interest rate of 8.5% p.a