Ford Fusion [2006-2010] Car Loan EMI Calculator

₹ 13,727.
Here is how - Ford Fusion [2006-2010] price starts from ₹ 7,33,193 in Delhi. If you pay a down payment of ₹ 56,193 for a 5-year loan available at 8% interest rate, your EMI amount will be ₹ 13,727.

The cheapest Fusion [2006-2010] model is Plus Diesel which is priced at ₹ 7,33,193 in Delhi. You will need to pay at least a ₹ 56,193 down payment to buy this model.

Note: Down payment is the amount you would pay upfront to buy your car. Bank give you a loan for the remaining amount.

Here is a model wise list of max loan amount for Fusion [2006-2010].

Version	On-road price in Delhi	Max Loan
1.4 TDCi Diesel	₹ 6,93,459	₹ 6,38,000
Plus Petrol	₹ 6,88,930	₹ 6,33,000
Plus Diesel	₹ 7,33,193	₹ 6,77,000

As a thumb rule, you can get a maximun loan of up to 100% of the ex-showroom price.

Good Practice will be to chose the shortest possible tenure for which you can afford an EMI amount.

• 1. If you select a higher tenure loan, let's say 7 years, your EMI for Fusion [2006-2010] Plus Diesel will be ₹ 11,428 but you will have to pay interest of ₹ 2,82,952 over the period of 7 years.
• 2. If you select a lower tenure loan, let's say 3 years, your EMI amount will be higher at ₹ 22,976, but your interest payment will be only ₹ 1,50,136 over the 3 years period.

₹ 13,727
Ford Fusion [2006-2010] price starts from ₹ 7,33,193 in Delhi.

We have considered
Down-payement : ₹ 56,193
Tenure : 5 years
Interest Rate : 8%

You will need to fulfill the following 2 criteria to buy Fusion [2006-2010] with a loan

• 1. Age should be above 21
• 2. Your annual income should be above ₹ 2,45,000

As a general rule, banks or other lenders offer you a car loan 3 to 4 times your annual income. Considering the on-road price of Fusion [2006-2010] starts from ₹ 7.33 Lakh, you can get a loan with an annual income as low as ₹ 2.45 lakh.

Here are the most important things you should consider while getting a car loan for a new Fusion [2006-2010]

• 1. Interest rate - Go for the loan with the lowest interest rate.
• 2. Additional Charges - processing fee, prepayment charges, late payment penalty are some of the important points you need to check before taking a loan.
• 3. Tenue and Max Loan Amount - Select a lender who gives you a loan that you can afford.
  -If Max loan amount is lower, you will have to shell out more money upfront to buy the car.
  -If Tenue is lower, your per month instalment amount will increase.
• 4. Eligibility - Banks may have stricter eligibility requirements compared to NBFCs or other financial institutions.