BMW M2 Car Loan EMI Calculator
BMW M2 EMI starts at 2,02,561 per month calculated for - Interest rate: 8%, Tenure - 5 years, Down-payment : ₹ 19.56 Lakh. BMW M2 price starts at ₹ 1.19 Crore. CarTrade Car Loan EMI calculator helps you with detailed breakup of EMI and other charges.
![BMW M2 BMW M2](https://imgd-ct.aeplcdn.com/370x208/n/cw/ec/150123/m2-right-front-three-quarter-2.jpeg?isig=0&q=80)
Variant
3.0 Petrol
City
Ashoknagar
Adjust M2 Car Loan Parameters
On-Road Price
₹ 1,19,46,328₹ 2,02,561 for 5 Years
BMW M2 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 | ₹ 16,92,709 | ₹ 7,38,023 | ₹ 82,97,291 |
24 | ₹ 18,33,204 | ₹ 5,97,528 | ₹ 64,64,087 |
36 | ₹ 19,85,362 | ₹ 4,45,370 | ₹ 44,78,725 |
48 | ₹ 21,50,144 | ₹ 2,80,588 | ₹ 23,28,581 |
60 | ₹ 23,28,581 | ₹ 1,02,126 | ₹ 0 |
BMW M2 EMI
BMW M2 Car Loan EMI calculated for - Interest rate: 8%, Tenure - 5 years, Down-payment : ₹ 19,56,328
On-Road Price in Ashoknagar | Min Down Payment | EMI |
---|---|---|
3.0 Petrol ₹ 1,19,46,328 | ₹19,56,328 | ₹2,02,561 |
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Avg. Ex-Showroom price
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On-Road Price, Ashoknagar
Explore more about BMW M2
M2 EMI FAQs
Here is how - BMW M2 price starts from ₹ 1,19,46,328 in Ashoknagar. If you pay a down payment of ₹ 19,56,328 for a 5-year loan available at 8% interest rate, your EMI amount will be ₹ 2,02,561.
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 Ashoknagar | Max Loan |
---|---|---|
3.0 Petrol | ₹ 1,19,46,328 | ₹ 99,90,000 |
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 M2 3.0 Petrol will be ₹ 1,86,198 but you will have to pay interest of ₹ 56,50,632 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 ₹ 3,74,355, but your interest payment will be only ₹ 34,86,780 over the 3 years period.