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Tata Nexon

On Road Price Price Details

₹ 8,77,696


Loan Amount

₹ 7,89,926

Estimated Monthly Payment

₹ 16,055/month

Interest Rate 8.1 %

Buying a

Down Payment

Duration

Down Payment

Duration

Loan Offers

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Axis Bank

Interest Rate 9.25 %

Processing Fee: ₹ 7,000

Avail 100% With flexible repayment tenure

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HDFC Bank

Interest Rate 9.05 %

Processing Fee: ₹ 4,388

Flexible repayment, Zero Foreclosure, Top-up loan

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Union Bank of India

Interest Rate 8.10 %

Processing Fee: ₹ 1,000

Best ROI in its class

Amortization Schedule

Year

Principal

Interest

Balance

1₹ 7,89,926₹ 59,098₹ 6,56,368
2₹ 6,56,368₹ 47,869₹ 5,11,580
3₹ 5,11,580₹ 35,696₹ 3,54,620
4₹ 3,54,620₹ 22,499₹ 1,84,463
5₹ 1,84,463₹ 8,193₹ 0

The table above provides you the loan repayment schedule for a loan amount of ₹ 7,89,926, EMI of ₹ 16,055, tenure of 5 years, interest rate of 8.1% p.a

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