Volvo V40 [2016-2019] Car Loan EMI Calculator
Volvo V40 [2016-2019] EMI starts at 56,145 per month calculated for - Interest rate: 8%, Tenure - 5 years, Down-payment : ₹ 7.01 Lakh. Volvo V40 [2016-2019] price starts at ₹ 34.70 Lakh and goes up to ₹ 41.26 Lakh. CarTrade Car Loan EMI calculator helps you with detailed breakup of EMI and other charges.
Variant
D3 Kinetic
City
Mumbai
Adjust V40 [2016-2019] Car Loan Parameters
On-Road Price
₹ 34,69,739₹ 56,145 for 5 Years
Volvo V40 [2016-2019] 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 | ₹ 4,69,183 | ₹ 2,04,557 | ₹ 22,99,817 |
24 | ₹ 5,08,123 | ₹ 1,65,617 | ₹ 17,91,694 |
36 | ₹ 5,50,299 | ₹ 1,23,441 | ₹ 12,41,395 |
48 | ₹ 5,95,974 | ₹ 77,766 | ₹ 6,45,421 |
60 | ₹ 6,45,421 | ₹ 28,304 | ₹ 0 |
Volvo V40 [2016-2019] EMI
Volvo V40 [2016-2019] Car Loan EMI calculated for - Interest rate: 8%, Tenure - 5 years, Down-payment : ₹ 7,00,739
On-Road Price in Mumbai | Min Down Payment | EMI |
---|---|---|
D3 Kinetic ₹ 34,69,739 | ₹7,00,739 | ₹56,145 |
D3 R-Design ₹ 41,26,109 | ₹9,35,109 | ₹64,702 |
Check Car Loan EMIs of Volvo V40 [2016-2019] Similar Cars
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Explore more about Volvo V40 [2016-2019]
V40 [2016-2019] EMI FAQs
Here is how - Volvo V40 [2016-2019] price starts from ₹ 34,69,739 in Mumbai. If you pay a down payment of ₹ 7,00,739 for a 5-year loan available at 8% interest rate, your EMI amount will be ₹ 56,145.
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 |
---|---|---|
D3 Kinetic | ₹ 34,69,739 | ₹ 27,69,000 |
D3 R-Design | ₹ 41,26,109 | ₹ 31,91,000 |
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 V40 [2016-2019] D3 Kinetic will be ₹ 54,080 but you will have to pay interest of ₹ 17,73,720 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 ₹ 1,08,729, but your interest payment will be only ₹ 11,45,244 over the 3 years period.