BMW iX1 Car Loan EMI Calculator
BMW iX1 EMI starts at 1,35,649 per month calculated for - Interest rate: 8%, Tenure - 5 years, Down-payment : ₹ 4.82 Lakh. BMW iX1 price starts at ₹ 71.72 Lakh. CarTrade Car Loan EMI calculator helps you with detailed breakup of EMI and other charges.
Variant
xDrive30 M Sport
City
Mumbai
Adjust iX1 Car Loan Parameters
On-Road Price
₹ 71,71,774₹ 1,35,649 for 5 Years
BMW iX1 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 | ₹ 11,33,559 | ₹ 4,94,229 | ₹ 55,56,441 |
24 | ₹ 12,27,645 | ₹ 4,00,143 | ₹ 43,28,796 |
36 | ₹ 13,29,538 | ₹ 2,98,250 | ₹ 29,99,258 |
48 | ₹ 14,39,889 | ₹ 1,87,899 | ₹ 15,59,369 |
60 | ₹ 15,59,369 | ₹ 68,389 | ₹ 0 |
BMW iX1 EMI
BMW iX1 Car Loan EMI calculated for - Interest rate: 8%, Tenure - 5 years, Down-payment : ₹ 4,81,774
On-Road Price in Mumbai | Min Down Payment | EMI |
---|---|---|
xDrive30 M Sport ₹ 71,71,774 | ₹4,81,774 | ₹1,35,649 |
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iX1 EMI FAQs
Here is how - BMW iX1 price starts from ₹ 71,71,774 in Mumbai. If you pay a down payment of ₹ 4,81,774 for a 5-year loan available at 8% interest rate, your EMI amount will be ₹ 1,35,649.
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 |
---|---|---|
xDrive30 M Sport | ₹ 71,71,774 | ₹ 66,90,000 |
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 iX1 xDrive30 M Sport will be ₹ 1,11,781 but you will have to pay interest of ₹ 26,99,604 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 ₹ 2,24,737, but your interest payment will be only ₹ 14,00,532 over the 3 years period.