Cars in India |
Select City

Will the EMI be less if the downpayment is more? I am interested in buying the Nissan Terrano and loan facility.

By: yamyam on 11 january 2016

1 Answers:

You would need to pay less in general if you make more downpayment. Since the interest is calculated on the remaining amoun that's there to pay. Also, less the number of installments, the duration of interest period also decreases so you ultimately have less to pay. 

Prem   2016-01-11

Your Answer

By posting your answer, you agree to the privacy policy and terms of service

More Questions on Nissan Terrano