Loan
Lease
Mg Hector
On Road Price Price Details
₹ 17,44,678
Ex-Showroom Price
₹ 13,98,800
Compr. Insurance
Comprehensive Insurance
₹ 59,836
RTO - Individual
₹ 2,72,054
TCS
₹ 13,988
Depot Charges
₹ 0
On Road Price
₹ 17,44,678
Down Payment
₹ 1,74,468
Loan Amount
₹ 15,70,210
Rate of Interest
8.7 %
Duration
60 Months
EMI
₹ 32,367
Loan Amount
₹ 15,70,210
Estimated Monthly Payment
₹ 32,367/month
Interest Rate 8.7 %
Buying a
Down Payment
Duration
Down Payment
Duration
Loan Offers
Axis Bank
Interest Rate 9.30 %
Processing Fee: ₹ 7,000
Avail 100% With flexible repayment tenure
HDFC Bank
Interest Rate 9.40 %
Processing Fee: ₹ 8,000
Flexible repayment, Zero Foreclosure, Top-up loan
Union Bank of India
Interest Rate 8.70 %
Processing Fee: ₹ 1,000
Best ROI in its class
Amortization Schedule
Year | Principal | Interest | Balance |
|---|---|---|---|
| 1 | ₹ 15,70,210 | ₹ 1,26,321 | ₹ 13,08,129 |
| 2 | ₹ 13,08,129 | ₹ 1,02,589 | ₹ 10,22,316 |
| 3 | ₹ 10,22,316 | ₹ 76,707 | ₹ 7,10,621 |
| 4 | ₹ 7,10,621 | ₹ 48,482 | ₹ 3,70,701 |
| 5 | ₹ 3,70,701 | ₹ 17,701 | ₹ 0 |
The table above provides you the loan repayment schedule for a loan amount of ₹ 15,70,210, EMI of ₹ 32,367, tenure of 5 years, interest rate of 8.7% p.a