Loan
Lease
Mg Astor
On Road Price Price Details
₹ 13,18,415
Ex-Showroom Price
₹ 10,51,800
Compr. Insurance
Comprehensive Insurance
₹ 51,522
RTO - Individual
₹ 2,04,575
TCS
₹ 10,518
Depot Charges
₹ 0
On Road Price
₹ 13,18,415
Loan Amount
₹ 13,18,415
Rate of Interest
8.5 %
Duration
60 Months
EMI
₹ 27,049
Loan Amount
₹ 13,18,415
Estimated Monthly Payment
₹ 27,049/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: ₹ 6,592
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 | ₹ 13,18,415 | ₹ 1,03,587 | ₹ 10,97,410 |
| 2 | ₹ 10,97,410 | ₹ 84,052 | ₹ 8,56,871 |
| 3 | ₹ 8,56,871 | ₹ 62,791 | ₹ 5,95,070 |
| 4 | ₹ 5,95,070 | ₹ 39,650 | ₹ 3,10,128 |
| 5 | ₹ 3,10,128 | ₹ 14,464 | ₹ 0 |
The table above provides you the loan repayment schedule for a loan amount of ₹ 13,18,415, EMI of ₹ 27,049, tenure of 5 years, interest rate of 8.5% p.a