Nissan Magnite

On Road Price Price Details

₹ 7,39,510

Loan Amount

₹ 6,65,559

Estimated Monthly Payment

₹ 13,719/month

Interest Rate 8.7 %

Buying a

Down Payment

Duration

Down Payment

Duration

Loan Offers

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Axis Bank

Interest Rate 9.30 %

Processing Fee: ₹ 7,000

Avail 100% With flexible repayment tenure

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HDFC Bank

Interest Rate 9.40 %

Processing Fee: ₹ 3,698

Flexible repayment, Zero Foreclosure, Top-up loan

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Union Bank of India

Interest Rate 8.70 %

Processing Fee: ₹ 1,000

Best ROI in its class

Amortization Schedule

Year

Principal

Interest

Balance

1₹ 6,65,559₹ 53,543₹ 5,54,472
2₹ 5,54,472₹ 43,484₹ 4,33,325
3₹ 4,33,325₹ 32,514₹ 3,01,208
4₹ 3,01,208₹ 20,550₹ 1,57,128
5₹ 1,57,128₹ 7,503₹ 0

The table above provides you the loan repayment schedule for a loan amount of ₹ 6,65,559, EMI of ₹ 13,719, tenure of 5 years, interest rate of 8.7% p.a