Daewoo Nexia Car Loan EMI Calculator
Daewoo Nexia EMI starts at 12,614 per month calculated for - Interest rate: 8%, Tenure - 5 years, Down-payment : ₹ 0.53 Lakh. Daewoo Nexia price starts at ₹ 6.75 Lakh and goes up to ₹ 7.14 Lakh. CarTrade Car Loan EMI calculator helps you with detailed breakup of EMI and other charges.
Variant
Std
City
Mumbai
Adjust Nexia Car Loan Parameters
On-Road Price
₹ 6,75,300₹ 12,614 for 5 Years
Daewoo Nexia 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 | ₹ 1,05,415 | ₹ 45,953 | ₹ 5,16,685 |
24 | ₹ 1,14,167 | ₹ 37,201 | ₹ 4,02,518 |
36 | ₹ 1,23,641 | ₹ 27,727 | ₹ 2,78,877 |
48 | ₹ 1,33,902 | ₹ 17,466 | ₹ 1,44,975 |
60 | ₹ 1,44,975 | ₹ 6,350 | ₹ 0 |
Daewoo Nexia EMI
Daewoo Nexia Car Loan EMI calculated for - Interest rate: 8%, Tenure - 5 years, Down-payment : ₹ 53,200
On-Road Price in Mumbai | Min Down Payment | EMI |
---|---|---|
Std ₹ 6,75,300 | ₹53,200 | ₹12,614 |
Deluxe ₹ 7,14,490 | ₹55,100 | ₹13,370 |
Check Car Loan EMIs of Daewoo Nexia Similar Cars
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Explore more about Daewoo Nexia
Nexia EMI FAQs
Here is how - Daewoo Nexia price starts from ₹ 6,75,300 in Mumbai. If you pay a down payment of ₹ 53,200 for a 5-year loan available at 8% interest rate, your EMI amount will be ₹ 12,614.
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 |
---|---|---|
Std | ₹ 6,75,300 | ₹ 6,22,100 |
Deluxe | ₹ 7,14,490 | ₹ 6,59,390 |
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 Nexia Std will be ₹ 10,525 but you will have to pay interest of ₹ 2,62,000 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 ₹ 21,161, but your interest payment will be only ₹ 1,39,696 over the 3 years period.