Calculate your car loan EMI instantly and see the total interest and repayment schedule before applying for an auto loan.
| Vehicle Price | — |
| Down Payment | — |
| Loan Principal | — |
| Annual Interest Rate | — |
| Loan Tenure | — |
| Total No. of EMIs | — |
| Total Interest Payable | — |
| Total Amount Payable | — |
| Month | EMI | Principal | Interest | Balance |
|---|---|---|---|---|
| Enter loan details to generate schedule | ||||
Input the on-road price of the vehicle and your down payment — or quickly choose a down payment percentage chip.
The loan principal is auto-calculated from the vehicle price minus your down payment. You can also enter it manually.
Select your lender's annual interest rate and repayment tenure. Use quick chips for common car loan durations of 1–7 years.
Instantly see your monthly EMI, total interest cost, and download the full month-by-month repayment schedule.
Results update live as you type. Enter your vehicle price, down payment, rate, and tenure — your car loan EMI is computed instantly with no button press needed.
Enter the full on-road price and select your down payment percentage. The calculator auto-fills your loan principal — just like a real car dealership finance form.
See a month-by-month breakdown of every payment — principal repaid, interest charged, and outstanding balance — for the entire loan tenure.
Works with USD, INR, GBP, EUR, JPY, AED, SGD and 44+ more currencies worldwide — ideal for car buyers in any country.
Download your full repayment schedule as a CSV or print a clean PDF report — perfect for comparing loan offers from multiple banks or dealers.
All calculations happen entirely in your browser. No data is ever sent to any server, no sign-up is needed, and it's always completely free.
A Car Loan EMI (Equated Monthly Installment) is a fixed amount you pay every month to repay your auto loan. Each installment covers a portion of the principal borrowed plus interest charged for that month. Over time, the interest portion decreases while the principal portion increases — until the loan is fully repaid.
Car loans are secured loans — the vehicle itself serves as collateral. This is why car loan interest rates (7%–15% p.a.) are lower than personal loans but higher than home loans. The rate you qualify for depends on your credit score, the vehicle type (new vs used), and the lender.
Calculate your EMI before stepping into a showroom. Know exactly how much car you can afford based on your comfortable monthly payment range.
Pre-Shopping PlannerCar dealers often offer in-house financing at higher rates. Use this calculator to compare the dealer's offer against your bank's rate and find the best deal.
Rate ComparisonSee exactly how increasing your down payment from 10% to 30% reduces your monthly EMI and total interest. A bigger down payment can save thousands.
Down Payment OptimizerA car's sticker price is just the start. See the full on-road cost including total interest paid — so you know the real price of your vehicle purchase.
True Cost InsightA 5-year loan has a lower EMI than a 3-year loan, but costs more in interest. Find the tenure that balances your monthly cash flow and total cost.
Tenure OptimizerDownload a clean PDF report or CSV schedule to share with your co-applicant, financial advisor, or compare side-by-side with multiple lender offers.
Shareable ReportsCalculate EMI for home, car, personal, and education loans all in one unified tool.
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Calculate compound interest growth on savings or investments to compare with your car loan costs.
Calculate simple interest on loans and savings to understand basic interest calculations.
Free, instant, and accurate — no account required. Calculate your monthly payment in under 10 seconds.
⚡ Calculate Car Loan EMI