Loan
Lease
Lease Assessment Form
Mg Astor
On Road Price Price Details
₹ 11,96,772
Ex-Showroom Price
₹ 9,79,100
Compr. Insurance
Comprehensive Insurance
₹ 53,921
RTO - Individual
₹ 1,63,751
TCS
₹ 0
Depot Charges
₹ 0
On Road Price
₹ 11,96,772
Down Payment
₹ 1,19,677
Loan Amount
₹ 10,77,095
Rate of Interest
8.1 %
Duration
60 Months
EMI
₹ 21,891
Loan Amount
₹ 10,77,095
Estimated Monthly Payment
₹ 21,891/month
Interest Rate 8.1 %
Down Payment
Duration
Down Payment
Duration
Loan Offers
Axis Bank
Interest Rate 9.25 %
Processing Fee: ₹ 7,000
Avail 100% With flexible repayment tenure
HDFC Bank
Interest Rate 9.05 %
Processing Fee: ₹ 5,984
Flexible repayment, Zero Foreclosure, Top-up loan
Union Bank of India
Interest Rate 8.10 %
Processing Fee: ₹ 1,000
Best ROI in its class
Amortization Schedule
Year | Principal | Interest | Balance |
|---|---|---|---|
| 1 | ₹ 10,77,095 | ₹ 80,582 | ₹ 8,94,983 |
| 2 | ₹ 8,94,983 | ₹ 65,271 | ₹ 6,97,560 |
| 3 | ₹ 6,97,560 | ₹ 48,673 | ₹ 4,83,538 |
| 4 | ₹ 4,83,538 | ₹ 30,679 | ₹ 2,51,523 |
| 5 | ₹ 2,51,523 | ₹ 11,172 | ₹ 0 |
The table above provides you the loan repayment schedule for a loan amount of ₹ 10,77,095, EMI of ₹ 21,891, tenure of 5 years, interest rate of 8.1% p.a
