Mg Astor

On Road Price Price Details

₹ 12,89,940

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

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Axis Bank

Interest Rate 8.50 %

Processing Fee: ₹ 7,000

Avail 100% With flexible repayment tenure

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HDFC Bank

Interest Rate 8.50 %

Processing Fee: ₹ 6,450

Flexible repayment, Zero Foreclosure, Top-up loan

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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