Loan
Lease
Corporate Lease Check
Individual Lease Check
Mg Hector Plus
On Road Price Price Details
₹ 20,19,365
Ex-Showroom Price
₹ 16,05,000
Compr. Insurance
Comprehensive Insurance
₹ 83,852
RTO - Individual
₹ 3,14,463
TCS
₹ 16,050
Depot Charges
₹ 0
On Road Price
₹ 20,19,365
Down Payment
₹ 2,01,937
Loan Amount
₹ 18,17,428
Rate of Interest
8.1 %
Duration
60 Months
EMI
₹ 36,938
Loan Amount
₹ 18,17,428
Estimated Monthly Payment
₹ 36,938/month
Interest Rate 8.1 %
Buying a
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: ₹ 8,000
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 | ₹ 18,17,428 | ₹ 1,35,970 | ₹ 15,10,143 |
| 2 | ₹ 15,10,143 | ₹ 1,10,135 | ₹ 11,77,022 |
| 3 | ₹ 11,77,022 | ₹ 82,127 | ₹ 8,15,895 |
| 4 | ₹ 8,15,895 | ₹ 51,765 | ₹ 4,24,405 |
| 5 | ₹ 4,24,405 | ₹ 18,850 | ₹ 0 |
The table above provides you the loan repayment schedule for a loan amount of ₹ 18,17,428, EMI of ₹ 36,938, tenure of 5 years, interest rate of 8.1% p.a
