MINI Cooper Car Loan EMI Calculator
MINI Cooper EMI starts at 86,580 per month calculated for - Interest rate: 8%, Tenure - 5 years, Down-payment : ₹ 8.33 Lakh. MINI Cooper price starts at ₹ 51.03 Lakh and goes up to ₹ 51.71 Lakh. CarTrade Car Loan EMI calculator helps you with detailed breakup of EMI and other charges.
Variant
S
City
Mumbai
Adjust Cooper Car Loan Parameters
On-Road Price
₹ 51,02,516₹ 86,580 for 5 Years
MINI Cooper 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 | ₹ 7,23,512 | ₹ 3,15,448 | ₹ 35,46,488 |
24 | ₹ 7,83,563 | ₹ 2,55,397 | ₹ 27,62,925 |
36 | ₹ 8,48,598 | ₹ 1,90,362 | ₹ 19,14,327 |
48 | ₹ 9,19,033 | ₹ 1,19,927 | ₹ 9,95,294 |
60 | ₹ 9,95,294 | ₹ 43,648 | ₹ 0 |
MINI Cooper EMI
MINI Cooper Car Loan EMI calculated for - Interest rate: 8%, Tenure - 5 years, Down-payment : ₹ 8,32,516
On-Road Price in Mumbai | Min Down Payment | EMI |
---|---|---|
S ₹ 51,02,516 | ₹8,32,516 | ₹86,580 |
S (Steptronic Sport) ₹ 51,71,023 | ₹8,43,023 | ₹87,756 |
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Explore more about MINI Cooper
Cooper EMI FAQs
Here is how - MINI Cooper price starts from ₹ 51,02,516 in Mumbai. If you pay a down payment of ₹ 8,32,516 for a 5-year loan available at 8% interest rate, your EMI amount will be ₹ 86,580.
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 |
---|---|---|
S | ₹ 51,02,516 | ₹ 42,70,000 |
S (Steptronic Sport) | ₹ 51,71,023 | ₹ 43,28,000 |
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 Cooper S will be ₹ 79,529 but you will have to pay interest of ₹ 24,10,436 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 ₹ 1,59,894, but your interest payment will be only ₹ 14,86,184 over the 3 years period.