BMW i7 Car Loan EMI Calculator
BMW i7 EMI starts at 4,31,887 per month calculated for - Interest rate: 8%, Tenure - 5 years, Down-payment : ₹ 14.62 Lakh. BMW i7 price starts at ₹ 2.28 Crore and goes up to ₹ 2.63 Crore. CarTrade Car Loan EMI calculator helps you with detailed breakup of EMI and other charges.
Variant
xDrive60 M Sport
City
Mumbai
Adjust i7 Car Loan Parameters
On-Road Price
₹ 2,27,61,782₹ 4,31,887 for 5 Years
BMW i7 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 | ₹ 36,09,078 | ₹ 15,73,566 | ₹ 1,76,90,922 |
24 | ₹ 39,08,629 | ₹ 12,74,015 | ₹ 1,37,82,293 |
36 | ₹ 42,33,042 | ₹ 9,49,602 | ₹ 95,49,251 |
48 | ₹ 45,84,386 | ₹ 5,98,258 | ₹ 49,64,865 |
60 | ₹ 49,64,865 | ₹ 2,17,759 | ₹ 0 |
BMW i7 EMI
BMW i7 Car Loan EMI calculated for - Interest rate: 8%, Tenure - 5 years, Down-payment : ₹ 14,61,782
On-Road Price in Mumbai | Min Down Payment | EMI |
---|---|---|
M70 xDrive ₹ 2,62,94,211 | ₹12,94,211 | ₹5,06,910 |
xDrive60 M Sport ₹ 2,27,61,782 | ₹14,61,782 | ₹4,31,887 |
Check Car Loan EMIs of BMW i7 Similar Cars
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Avg. Ex-Showroom price
Explore more about BMW i7
i7 EMI FAQs
Here is how - BMW i7 price starts from ₹ 2,27,61,782 in Mumbai. If you pay a down payment of ₹ 14,61,782 for a 5-year loan available at 8% interest rate, your EMI amount will be ₹ 4,31,887.
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 |
---|---|---|
M70 xDrive | ₹ 2,62,94,211 | ₹ 2,50,00,000 |
xDrive60 M Sport | ₹ 2,27,61,782 | ₹ 2,13,00,000 |
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 i7 xDrive60 M Sport will be ₹ 3,54,770 but you will have to pay interest of ₹ 85,00,680 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 ₹ 7,13,272, but your interest payment will be only ₹ 43,77,792 over the 3 years period.