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Vehicle Loan

Annual Intrest rate 13% 45676


Vehicle cost 2500000 200000
Down payment 200000 300000

Down payment
Loan Amount 2300000 400000
Tenure (Years) 6 500000
EMI ₹ 45,675.62 600000
EMI limited to 50000 700000
800000
900000
Scenario 1 Scenario 2 Scenario 3 Scenario 4 1000000
Annual Intrest rate 13% 13% 12% 12%
Loan Amount 2500000 2500000 2500000 2500000
Tenure (Years) 5 6 5 6
EMI ₹ 56,273.06 ₹ 49,647.42 ₹ 55,060.51 ₹ 48,391.57
Tenure (years)
3 4 5 6 7 8
76666 61042 51771 45676 41393 38242
73332 58388 49520 43690 39593 36580
69999 55734 47269 41704 37794 34917
66666 53080 45018 39718 35994 33254
63332 50426 42768 37732 34194 31592
59999 47772 40517 35746 32395 29929
56666 45118 38266 33760 30595 28266
53333 42464 36015 31774 28795 26603
49999 39810 33764 29788 26995 24941
Scenario Summary
Current Values: Scenario 1 Scenario 2 Scenario 3
Changing Cells:
Annual_Intrest_rate 13% 13% 12% 12%
Loan_Amount 2000000 2000000 2500000 2000000
Tenure__Years 6 6 6 5
EMI 39717.9328075 39717.9328075 39717.9328075 39717.9328075
Result Cells:
$L$3
Notes: Current Values column represents values of changing cells at
time Scenario Summary Report was created. Changing cells for each
scenario are highlighted in gray.
Scenario 4

12%
2000000
6
39717.9328075

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