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BMW M2 Car Loan EMI Calculator

BMW M2
BMW M2 1.01 Crore
Versions Competition
City Mumbai

Adjust M2 Car Loan Parameters

1,72,349 EMI for 5 Years
On-Road Price
1,00,99,233
Down Payment
Loan Tenure
Loan Interest Rate
%

BMW M2 Competition Car Loan EMI

On-Road Price ₹1,00,99,233
Ex-Showroom Price ₹85,00,000
Max Loan Amount ₹85,00,000
Down Payment as per
your Selection
15,99,233
Loan Amount 85,00,000
EMI Amount 1,72,349
Interest Component 18,40,940 (17.8%)
Principal Component 85,00,000 (82.2%)
Total Payable over 5 Years 1,03,40,940
Note: This doesn't include bank processing fee.

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 ₹14,40,241 ₹6,27,951 ₹70,59,759
24 ₹15,59,780 ₹5,08,412 ₹54,99,979
36 ₹16,89,241 ₹3,78,951 ₹38,10,738
48 ₹18,29,447 ₹2,38,745 ₹19,81,291
60 ₹19,81,291 ₹86,902 ₹0

BMW M2 EMI

BMW M2 Car Loan EMI calculated for - Interest rate: 8%, Tenure - 5 years, Down-payment : ₹15.99 Lakh

On-Road Price in Mumbai Down Payment EMI
Competition
₹1,00,99,233
15,99,233 1,72,349

FAQ’s

₹1,72,349.

Here is how - BMW M2 price starts from ₹1,00,99,233 in Mumbai. If you pay a down payment of ₹15,99,233 for a 5-year loan available at an 8% interest rate, your EMI amount will be ₹1,72,349.

The cheapest M2 model is Competition which is priced at ₹1,72,349 in Delhi.

You will need to pay at least a ₹12,90,500 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 M2.

VersionOn-road price MumbaiMax Loan
Competition100992338500000

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 M2 will be ₹1,32,483 but you will have to pay interest of ₹26,28,572 over the period of 7 years.

2. If you select a lower tenure loan, let's say 3 years, amount will be higher at ₹2,66,359, but your interest payment will be only ₹10,88,924 over the period of 3 years period.

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