Loan
Lease
Nissan Magnite
On Road Price Price Details
₹ 7,27,574
Ex-Showroom Price
₹ 5,99,900
Compr. Insurance
Comprehensive Insurance
₹ 26,450
RTO - Individual
₹ 94,724
TCS
₹ 0
Depot Charges
₹ 6,500
On Road Price
₹ 7,27,574
Down Payment
₹ 72,757
Loan Amount
₹ 6,54,817
Rate of Interest
8.7 %
Duration
60 Months
EMI
₹ 13,498
Loan Amount
₹ 6,54,817
Estimated Monthly Payment
₹ 13,498/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: ₹ 3,638
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 | ₹ 6,54,817 | ₹ 52,679 | ₹ 5,45,523 |
| 2 | ₹ 5,45,523 | ₹ 42,782 | ₹ 4,26,332 |
| 3 | ₹ 4,26,332 | ₹ 31,989 | ₹ 2,96,347 |
| 4 | ₹ 2,96,347 | ₹ 20,218 | ₹ 1,54,592 |
| 5 | ₹ 1,54,592 | ₹ 7,382 | ₹ 0 |
The table above provides you the loan repayment schedule for a loan amount of ₹ 6,54,817, EMI of ₹ 13,498, tenure of 5 years, interest rate of 8.7% p.a