Loan
Lease
Nissan Magnite
On Road Price Price Details
₹ 7,22,982
Ex-Showroom Price
₹ 5,97,400
Compr. Insurance
Comprehensive Insurance
₹ 24,746
RTO - Individual
₹ 94,336
TCS
₹ 0
Depot Charges
₹ 6,500
On Road Price
₹ 7,22,982
Loan Amount
₹ 7,22,982
Rate of Interest
8.5 %
Duration
60 Months
EMI
₹ 14,833
Loan Amount
₹ 7,22,982
Estimated Monthly Payment
₹ 14,833/month
Interest Rate 8.5 %
Buying a
Down Payment
Duration
Down Payment
Duration
Loan Offers
Axis Bank
Interest Rate 8.50 %
Processing Fee: ₹ 7,000
Avail 100% With flexible repayment tenure
HDFC Bank
Interest Rate 8.50 %
Processing Fee: ₹ 3,615
Flexible repayment, Zero Foreclosure, Top-up loan
Union Bank of India
Interest Rate 7.50 %
Processing Fee: ₹ 1,000
Best ROI in its class
Amortization Schedule
Year | Principal | Interest | Balance |
|---|---|---|---|
| 1 | ₹ 7,22,982 | ₹ 56,804 | ₹ 6,01,789 |
| 2 | ₹ 6,01,789 | ₹ 46,092 | ₹ 4,69,884 |
| 3 | ₹ 4,69,884 | ₹ 34,433 | ₹ 3,26,320 |
| 4 | ₹ 3,26,320 | ₹ 21,743 | ₹ 1,70,066 |
| 5 | ₹ 1,70,066 | ₹ 7,931 | ₹ 0 |
The table above provides you the loan repayment schedule for a loan amount of ₹ 7,22,982, EMI of ₹ 14,833, tenure of 5 years, interest rate of 8.5% p.a