Ford Mustang Car Loan EMI Calculator
Ford Mustang EMI starts at 1,51,302 per month calculated for - Interest rate: 8%, Tenure - 5 years, Down-payment : ₹ 18.90 Lakh. Ford Mustang price starts at ₹ 93.52 Lakh. CarTrade Car Loan EMI calculator helps you with detailed breakup of EMI and other charges.
Variant
GT Fastback 5.0L v8
City
Mumbai
Adjust Mustang Car Loan Parameters
On-Road Price
₹ 93,52,180₹ 1,51,302 for 5 Years
Ford Mustang 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 | ₹ 12,64,362 | ₹ 5,51,262 | ₹ 61,97,638 |
24 | ₹ 13,69,302 | ₹ 4,46,322 | ₹ 48,28,336 |
36 | ₹ 14,82,957 | ₹ 3,32,667 | ₹ 33,45,379 |
48 | ₹ 16,06,043 | ₹ 2,09,581 | ₹ 17,39,336 |
60 | ₹ 17,39,336 | ₹ 76,284 | ₹ 0 |
Ford Mustang EMI
Ford Mustang Car Loan EMI calculated for - Interest rate: 8%, Tenure - 5 years, Down-payment : ₹ 18,90,180
On-Road Price in Mumbai | Min Down Payment | EMI |
---|---|---|
GT Fastback 5.0L v8 ₹ 93,52,180 | ₹18,90,180 | ₹1,51,302 |
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Mustang EMI FAQs
Here is how - Ford Mustang price starts from ₹ 93,52,180 in Mumbai. If you pay a down payment of ₹ 18,90,180 for a 5-year loan available at 8% interest rate, your EMI amount will be ₹ 1,51,302.
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 |
---|---|---|
GT Fastback 5.0L v8 | ₹ 93,52,180 | ₹ 74,62,000 |
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 Mustang GT Fastback 5.0L v8 will be ₹ 1,45,765 but you will have to pay interest of ₹ 47,82,260 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 ₹ 2,93,063, but your interest payment will be only ₹ 30,88,268 over the 3 years period.