Calculate your monthly car loan installments easily
This Car Loan EMI Calculator helps you calculate your monthly EMI, total interest, and total repayment amount in advance. You can enter different loan amounts, interest rates, and tenures to make better financial decisions before buying a car.
There are two modes provided in this calculator to suit different needs.
If you just want to know your EMI quickly, this mode is ideal for you.
This mode is simple, fast, and best for quick EMI estimates.
If you want EMI based on the car’s on-road price and down payment, use this mode.
The calculator automatically calculates the loan amount and shows EMI, total interest, and total payable amount. This mode is useful for real car buying planning and bank offer comparison.
In Advanced mode, you can enter the down payment in two ways:
When you switch between percentage and amount, the value converts automatically.
You can set loan duration either in years or months. When you change between years and months, the value adjusts automatically.
You also get a pie chart for principal vs interest, a bar chart for year-wise breakup, and a detailed month-by-month EMI schedule.
You can download the complete EMI report in PDF format and use it for:
Yes, this calculator is completely free and does not require any registration.
Yes, the calculator is fully mobile-friendly with touch-enabled sliders.
No, EMI calculation does not include processing fees or additional bank charges.
Use Advanced mode if you want EMI based on on-road price and down payment. Use Basic mode for quick EMI estimation.
The calculation is mathematically accurate, but final EMI may vary depending on bank offers and loan terms.