Car Loan EMI Calculator
Work out a practical, real‑world monthly payment for your new or used car loan. Enter the on‑road price, set a down payment that suits your cash flow, and adjust rate and tenure to dial in affordability. The calculator models monthly EMI using the standard formula and spreads one‑time processing charges across months for easier comparison. Use it to evaluate dealer finance versus bank quotes, understand how down payment changes impact EMI, and avoid unpleasant surprises at delivery.
Estimated Total17362 (local currency)
Estimate Car Loan Payments
How to use this calculator
- Enter your details in the inputs above.
- Choose options that match your scenario.
- Review the total and explore tips to optimize costs.
How we calculate
We combine market averages, recent receipts, and verified sources for each field with transparent formulas. Edit any input to reflect your local reality.
Assumptions & Common Mistakes
- Numbers are medians for recent periods—seasonality may apply.
- Taxes/fees differ by city—include any local surcharges if missing.
- For large one‑offs, request written quotes to avoid scope creep.