Loan
Lease
Corporate Lease Check
Individual Lease Check
Mg Hector
On Road Price Price Details
₹ 15,20,313
Ex-Showroom Price
₹ 11,99,000
Compr. Insurance
Comprehensive Insurance
₹ 71,473
RTO - Individual
₹ 2,37,850
TCS
₹ 11,990
Depot Charges
₹ 0
On Road Price
₹ 15,20,313
Down Payment
₹ 1,52,031
Loan Amount
₹ 13,68,282
Rate of Interest
8.1 %
Duration
60 Months
EMI
₹ 27,809
Loan Amount
₹ 13,68,282
Estimated Monthly Payment
₹ 27,809/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: ₹ 7,602
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 | ₹ 13,68,282 | ₹ 1,02,367 | ₹ 11,36,937 |
| 2 | ₹ 11,36,937 | ₹ 82,917 | ₹ 8,86,142 |
| 3 | ₹ 8,86,142 | ₹ 61,831 | ₹ 6,14,260 |
| 4 | ₹ 6,14,260 | ₹ 38,972 | ₹ 3,19,520 |
| 5 | ₹ 3,19,520 | ₹ 14,192 | ₹ 0 |
The table above provides you the loan repayment schedule for a loan amount of ₹ 13,68,282, EMI of ₹ 27,809, tenure of 5 years, interest rate of 8.1% p.a
