Loan
Lease
Mg Astor
On Road Price Price Details
₹ 12,14,333
Ex-Showroom Price
₹ 9,98,000
Compr. Insurance
Comprehensive Insurance
₹ 53,144
RTO - Individual
₹ 1,63,189
TCS
₹ 0
Depot Charges
₹ 0
On Road Price
₹ 12,14,333
Down Payment
₹ 1,21,433
Loan Amount
₹ 10,92,900
Rate of Interest
8.7 %
Duration
60 Months
EMI
₹ 22,528
Loan Amount
₹ 10,92,900
Estimated Monthly Payment
₹ 22,528/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: ₹ 6,072
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 | ₹ 10,92,900 | ₹ 87,922 | ₹ 9,10,486 |
| 2 | ₹ 9,10,486 | ₹ 71,404 | ₹ 7,11,554 |
| 3 | ₹ 7,11,554 | ₹ 53,390 | ₹ 4,94,608 |
| 4 | ₹ 4,94,608 | ₹ 33,744 | ₹ 2,58,016 |
| 5 | ₹ 2,58,016 | ₹ 12,320 | ₹ 0 |
The table above provides you the loan repayment schedule for a loan amount of ₹ 10,92,900, EMI of ₹ 22,528, tenure of 5 years, interest rate of 8.7% p.a