Audi Q5 Car Loan EMI Calculator

₹ 1,32,912.
Here is how - Audi Q5 price starts from ₹ 77,99,972 in Mumbai. If you pay a down payment of ₹ 12,44,972 for a 5-year loan available at 8% interest rate, your EMI amount will be ₹ 1,32,912.

The cheapest Q5 model is Premium Plus 45 TFSI which is priced at ₹ 77,99,972 in Mumbai. You will need to pay at least a ₹ 12,44,972 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 Q5.

Version	On-road price in Mumbai	Max Loan
Bold Edition	₹ 83,02,126	₹ 69,80,135
Premium Plus 45 TFSI	₹ 77,99,972	₹ 65,55,000
Technology 45 TFSI	₹ 84,11,814	₹ 70,73,000
Signature Edition	₹ 83,09,053	₹ 69,86,000

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 Q5 Premium Plus 45 TFSI will be ₹ 1,21,572 but you will have to pay interest of ₹ 36,57,048 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 ₹ 2,44,423, but your interest payment will be only ₹ 22,44,228 over the 3 years period.

₹ 1,32,912
Audi Q5 price starts from ₹ 77,99,972 in Mumbai.

We have considered
Down-payement : ₹ 12,44,972
Tenure : 5 years
Interest Rate : 8%

You will need to fulfill the following 2 criteria to buy Q5 with a loan

• 1. Age should be above 21
• 2. Your annual income should be above ₹ 26,00,000

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 Q5 starts from ₹ 78.00 Lakh, you can get a loan with an annual income as low as ₹ 26 lakh.

Here are the most important things you should consider while getting a car loan for a new Q5

• 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.