Loan
Lease
Lease Assessment Form
Mg Comet Ev
On Road Price Price Details
₹ 8,14,137
Ex-Showroom Price
₹ 7,62,800
Compr. Insurance
Comprehensive Insurance
₹ 43,237
RTO - Individual
₹ 8,100
TCS
₹ 0
Depot Charges
₹ 0
On Road Price
₹ 8,14,137
Down Payment
₹ 81,414
Loan Amount
₹ 7,32,723
Rate of Interest
8.1 %
Duration
60 Months
EMI
₹ 14,892
Loan Amount
₹ 7,32,723
Estimated Monthly Payment
₹ 14,892/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: ₹ 4,071
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 | ₹ 7,32,723 | ₹ 54,818 | ₹ 6,08,836 |
| 2 | ₹ 6,08,836 | ₹ 44,402 | ₹ 4,74,534 |
| 3 | ₹ 4,74,534 | ₹ 33,111 | ₹ 3,28,940 |
| 4 | ₹ 3,28,940 | ₹ 20,870 | ₹ 1,71,105 |
| 5 | ₹ 1,71,105 | ₹ 7,600 | ₹ 0 |
The table above provides you the loan repayment schedule for a loan amount of ₹ 7,32,723, EMI of ₹ 14,892, tenure of 5 years, interest rate of 8.1% p.a
