Auto Finance
Car Loan Calculator
Calculate monthly payments, total interest, and total cost for your car loan.
Car Price
₨
Down Payment
₨
20% of car price
Interest Rate
%
Loan Term
Processing Fee
₨
Interest
0%
Monthly Payment
₨0
per month
Loan Amount
₨0
Total Interest
₨0
Total Cost
₨0
Down Payment
₨0
Total Payments
0
Processing Fee
₨0
How the formula works
EMI = P × r × (1 + r)ⁿ / [(1 + r)ⁿ − 1]
- P = Loan Amount (Car Price − Down Payment + Processing Fee)
- r = Monthly interest rate (annual rate ÷ 12 ÷ 100)
- n = Number of monthly payments
- Total Cost = Total Payments + Down Payment + Processing Fee