Loan
Lease
Corporate Lease Check
Individual Lease Check
Volvo Xc40 Recharge
On Road Price Price Details
₹ 58,97,668
Ex-Showroom Price
₹ 54,95,000
Compr. Insurance
Comprehensive Insurance
₹ 2,92,268
RTO - Individual
₹ 55,450
TCS
₹ 54,950
Depot Charges
₹ 0
On Road Price
₹ 58,97,668
Down Payment
₹ 5,89,767
Loan Amount
₹ 53,07,901
Rate of Interest
8.7 %
Duration
60 Months
EMI
₹ 1,09,412
Loan Amount
₹ 53,07,901
Estimated Monthly Payment
₹ 1,09,412/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 | ₹ 53,07,901 | ₹ 4,27,014 | ₹ 44,21,970 |
2 | ₹ 44,21,970 | ₹ 3,46,789 | ₹ 34,55,814 |
3 | ₹ 34,55,814 | ₹ 2,59,299 | ₹ 24,02,168 |
4 | ₹ 24,02,168 | ₹ 1,63,887 | ₹ 12,53,110 |
5 | ₹ 12,53,110 | ₹ 59,835 | ₹ 0 |
The table above provides you the loan repayment schedule for a loan amount of ₹ 53,07,901, EMI of ₹ 1,09,412, tenure of 5 years, interest rate of 8.7% p.a