Car Loan Calculator
Estimate monthly EMI and total interest for your car loan instantly.
Car Loan Details
Monthly EMI
₹13,651
Loan Amount
₹6,50,000
Total Interest
₹1,69,073
Total Payment
₹8,19,073
Loan-to-Cost Ratio
Acceptable — most banks will approve
81.3%
Amortization Schedule — First 12 Months
| Month | EMI | Principal | Interest | Balance |
|---|---|---|---|---|
| 1 | ₹13,651 | ₹8,505 | ₹5,146 | ₹6,41,495 |
| 2 | ₹13,651 | ₹8,573 | ₹5,078 | ₹6,32,922 |
| 3 | ₹13,651 | ₹8,641 | ₹5,011 | ₹6,24,281 |
| 4 | ₹13,651 | ₹8,709 | ₹4,942 | ₹6,15,572 |
| 5 | ₹13,651 | ₹8,778 | ₹4,873 | ₹6,06,794 |
| 6 | ₹13,651 | ₹8,847 | ₹4,804 | ₹5,97,947 |
| 7 | ₹13,651 | ₹8,917 | ₹4,734 | ₹5,89,030 |
| 8 | ₹13,651 | ₹8,988 | ₹4,663 | ₹5,80,041 |
| 9 | ₹13,651 | ₹9,059 | ₹4,592 | ₹5,70,982 |
| 10 | ₹13,651 | ₹9,131 | ₹4,520 | ₹5,61,851 |
| 11 | ₹13,651 | ₹9,203 | ₹4,448 | ₹5,52,648 |
| 12 | ₹13,651 | ₹9,276 | ₹4,375 | ₹5,43,372 |
Showing first 12 months of 60-month schedule.
Car Loan Calculator कसरी प्रयोग गर्ने
- 1
Enter the total on-road price of the car you want to purchase.
- 2
Enter the down payment amount you plan to pay upfront.
- 3
Set the annual interest rate offered by your bank or NBFC.
- 4
Choose the loan tenure in months (12 to 84 months).
- 5
View your monthly EMI, total interest, and total repayment amount instantly.
- 6
Scroll down to see the 12-month amortization schedule with principal and interest breakup.
Car Loan Calculator बारेमा
Planning to buy a car on finance? The Car Loan Calculator helps you estimate your monthly EMI, total interest payable, and view a detailed amortization schedule before you walk into the dealership.
What You Get
- Monthly EMI — calculated using the standard reducing balance formula
- Total interest — the exact amount you pay above the principal over the loan tenure
- Loan-to-Cost ratio — shows what percentage of the car price you are financing, with a health indicator
- 12-month amortization table — month-by-month breakdown of principal, interest, and remaining balance
Smart Defaults for India
The calculator comes pre-loaded with realistic defaults for Indian car buyers: on-road price range up to ₹20 lakhs, interest rates from 7% to 18%, and tenure options from 12 to 84 months. Slider controls make it easy to adjust values and see results update in real time.
Car loan rates in India typically range from 8.75% (SBI) to 15% (NBFCs). Your credit score, down payment, and loan amount all affect the rate you get. Use this tool to compare different scenarios and find the most affordable option.