Car loan EMI calculator

Car loans are typically 3–7 years. Compare tenures to see the trade-off: a longer loan lowers the EMI but raises the total interest you pay.

How to do it

  1. Enter the loan amount, rate and tenure.
  2. Try different tenures to compare.
  3. Check total interest before you decide.

Frequently asked questions

Is the EMI the same every month?
Yes, for a fixed-rate loan. The interest part falls and the principal part rises each month.

Related

EMI / Loan Calculator