Ford EcoSport Car Loan EMI Calculator

₹ 16,039.
Here is how - Ford EcoSport price starts from ₹ 9,27,690 in Mumbai. If you pay a down payment of ₹ 1,36,690 for a 5-year loan available at 8% interest rate, your EMI amount will be ₹ 16,039.

The cheapest EcoSport model is Ambiente 1.5L Ti-VCT [2019-2020] which is priced at ₹ 9,27,690 in Mumbai. You will need to pay at least a ₹ 1,36,690 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 EcoSport.

Version	On-road price in Mumbai	Max Loan
Ambiente 1.5L Ti-VCT [2019-2020]	₹ 9,27,690	₹ 7,91,000
Trend 1.5L Ti-VCT [2019-2020]	₹ 10,19,759	₹ 8,71,000
Titanium 1.5L Ti-VCT [2019-2020]	₹ 11,10,676	₹ 9,50,000
Titanium + 1.5L Ti-VCT AT [2019-2020]	₹ 13,37,830	₹ 11,30,000
Ambiente 1.5L TDCi [2019-2020]	₹ 10,02,390	₹ 8,41,000
Trend 1.5L TDCi [2019-2020]	₹ 10,96,090	₹ 9,21,000
Titanium 1.5L TDCi [2019-2020]	₹ 11,88,682	₹ 9,99,900
Titanium + 1.5L TDCi [2019-2020]	₹ 13,13,324	₹ 10,90,000
Titanium + 1.5L Ti-VCT [2019-2020]	₹ 12,32,661	₹ 10,40,000
S Petrol [2019-2020]	₹ 12,96,932	₹ 10,95,000
S Diesel [2019-2020]	₹ 13,78,717	₹ 11,45,000
Thunder Edition Petrol [2019-2020]	₹ 12,32,661	₹ 10,40,000
Thunder Edition Diesel [2019-2020]	₹ 13,13,324	₹ 10,90,000
Ambiente 1.5L Ti-VCT	₹ 9,63,868	₹ 8,19,000
Trend 1.5L Ti-VCT	₹ 10,38,530	₹ 8,84,000
Titanium 1.5L Ti-VCT [2020-2021]	₹ 11,45,243	₹ 9,79,000
Titanium + 1.5L Ti-VCT	₹ 12,66,589	₹ 10,68,000
Thunder Edition Petrol	₹ 12,66,589	₹ 10,68,000
S MT 1.5 Ti-VCT	₹ 13,30,841	₹ 11,19,000
Titanium Plus 1.5L Ti-VCT AT	₹ 13,54,214	₹ 11,39,000
Ambiente 1.5L TDCi	₹ 10,62,053	₹ 8,89,000
Trend 1.5L TDCi	₹ 11,14,642	₹ 9,34,000
Titanium 1.5L TDCi [2020-2021]	₹ 11,89,209	₹ 9,99,900
Titanium + 1.5L TDCi	₹ 13,47,823	₹ 11,18,000
Thunder Edition Diesel	₹ 13,47,823	₹ 11,18,000
S MT 1.5 TDCi	₹ 14,12,653	₹ 11,69,000
Titanium 1.5L Ti-VCT AT	₹ 12,66,589	₹ 10,68,000
Titanium 1.5L Ti-VCT	₹ 11,70,624	₹ 9,99,000
Titanium 1.5L TDCi	₹ 11,91,655	₹ 9,99,900
SE 1.5L Ti-VCT	₹ 12,72,409	₹ 10,69,000
SE 1.5L TDCi	₹ 13,53,221	₹ 11,19,000

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 EcoSport Ambiente 1.5L Ti-VCT [2019-2020] will be ₹ 14,459 but you will have to pay interest of ₹ 4,23,556 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 ₹ 29,070, but your interest payment will be only ₹ 2,55,520 over the 3 years period.

₹ 16,039
Ford EcoSport price starts from ₹ 9,27,690 in Mumbai.

We have considered
Down-payement : ₹ 1,36,690
Tenure : 5 years
Interest Rate : 8%

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

• 1. Age should be above 21
• 2. Your annual income should be above ₹ 3,10,000

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 EcoSport starts from ₹ 9.28 Lakh, you can get a loan with an annual income as low as ₹ 3.10 lakh.

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

• 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.