Honda Accord [2003-2007] Car Loan EMI Calculator
Honda Accord [2003-2007] EMI starts at 31,331 per month calculated for - Interest rate: 8%, Tenure - 5 years, Down-payment : ₹ 1.70 Lakh. Honda Accord [2003-2007] price starts at ₹ 17.15 Lakh and goes up to ₹ 19.93 Lakh. CarTrade Car Loan EMI calculator helps you with detailed breakup of EMI and other charges.
![Honda Accord [2003-2007] Honda Accord [2003-2007]](https://imgd-ct.aeplcdn.com/370x208/cw/cars/discontinued/honda/accord-2003-2007.jpg?q=80)
Variant
2.4 VTi-L MT
City
Mumbai
Adjust Accord [2003-2007] Car Loan Parameters
On-Road Price
₹ 17,15,159₹ 31,331 for 5 Years
Honda Accord [2003-2007] Loan Repayment Schedule
This table helps you understand, how much loan payment will be pending at the end of the each year of the loan. This way, you can arrive at the amount you will need if you decide to pre-pay your loan.
Months | Principal Paid | Interest Paid | Balance Loan |
---|---|---|---|
12 | ₹ 2,61,824 | ₹ 1,14,148 | ₹ 12,83,376 |
24 | ₹ 2,83,554 | ₹ 92,418 | ₹ 9,99,822 |
36 | ₹ 3,07,089 | ₹ 68,883 | ₹ 6,92,733 |
48 | ₹ 3,32,579 | ₹ 43,393 | ₹ 3,60,154 |
60 | ₹ 3,60,154 | ₹ 15,791 | ₹ 0 |
Honda Accord [2003-2007] EMI
Honda Accord [2003-2007] Car Loan EMI calculated for - Interest rate: 8%, Tenure - 5 years, Down-payment : ₹ 1,69,959
On-Road Price in Mumbai | Min Down Payment | EMI |
---|---|---|
2.4 VTi-L AT ₹ 17,96,257 | ₹1,77,657 | ₹32,819 |
2.4 VTi-L MT ₹ 17,15,159 | ₹1,69,959 | ₹31,331 |
3.0 V6 AT ₹ 19,93,254 | ₹1,96,354 | ₹36,435 |
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Explore more about Honda Accord [2003-2007]
Accord [2003-2007] EMI FAQs
Here is how - Honda Accord [2003-2007] price starts from ₹ 17,15,159 in Mumbai. If you pay a down payment of ₹ 1,69,959 for a 5-year loan available at 8% interest rate, your EMI amount will be ₹ 31,331.
Note: Down payment is the amount you would pay upfront to buy your car. Bank give you a loan for the remaining amount.
Version | On-road price in Mumbai | Max Loan |
---|---|---|
2.4 VTi-L AT | ₹ 17,96,257 | ₹ 16,18,600 |
2.4 VTi-L MT | ₹ 17,15,159 | ₹ 15,45,200 |
3.0 V6 AT | ₹ 19,93,254 | ₹ 17,96,900 |
As a thumb rule, you can get a maximun loan of up to 100% of the ex-showroom price.
- 1. If you select a higher tenure loan, let's say 7 years, your EMI for Accord [2003-2007] 2.4 VTi-L MT will be ₹ 26,733 but you will have to pay interest of ₹ 7,00,372 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 ₹ 53,747, but your interest payment will be only ₹ 3,89,692 over the 3 years period.