Commercial Vehicles in India

|
0
|
5L
|
10L
|
15L
|
20L
%
|
5
|
7.5
|
10
|
12.5
|
15
|
17.5
|
20
|
0
|
1
|
2
|
3
|
4
|
5
|
6
|
7

Loan EMI

8,999

Total Interest Payable

1,39,951

Total Payment
(Principal + Interest)

5,39,951

Created with Highcharts 4.2.2 Break-up of Total Payment 74.1% 25.9% Principal Loan Amount Total Interest Total Interest: 25.9%
Created with Highcharts 4.2.2 EMI Payment / year Balance Principal Interest Balance 2018 2019 2020 2021 2022 2023 ₹ 0 ₹ 25,000 ₹ 50,000 ₹ 75,000 ₹ 1,00,000 ₹ 1,25,000 ₹ 0 ₹ 1,00,000 ₹ 2,00,000 ₹ 3,00,000 ₹ 4,00,000 ₹ 5,00,000 Year : 2018 Interest : ₹ 42,976 Total Payment : ₹ 98,991
Year Principal Interest Balance
2018 ₹ 56,015 ₹ 42,976 ₹ 3,43,985
2019 ₹ 68,848 ₹ 39,142 ₹ 2,75,138
2020 ₹ 77,964 ₹ 30,026 ₹ 1,97,173
2021 ₹ 88,288 ₹ 19,702 ₹ 1,08,885
2022 ₹ 99,979 ₹ 8,011 ₹ 8,906
2023 ₹ 8,906 ₹ 93 ₹ 0