On-road Price
Down Payment
₹1,00,000 (20%)
0
₹5,00,000
Bank Interest Rate
10 %
8%
18%
Loan Period ( Years )
1
2
3
4
5
6
7
Total Loan Amount
₹4,00,000
Payable Amount
₹5,09,929
EMI
₹8,499
per month
Needed Net Worth
₹10,00,000
Needed Monthly Income
₹84,988
Loan Breakdown
Down Payment
₹1,00,000
Total Loan
₹4,00,000
Interest Paid
₹1,09,929