Car Loan Calculator

Calculate Your Car Loan EMI
Get an instant estimate of your monthly payments, total interest, and payback schedule.
Loan Details
Buying a car? Use our Car EMI Calculator to find out how much you’ll pay every month. With 4th largest market for 4-wheelers globally, with a steady 9.5% YoY growth — making a reliable Car Loan EMI Calculator more important than ever.
Just enter your loan amount, interest rate, and tenure to calculate car loan EMI instantly.
Whether you’re planning to buy a new car, a used car, or exploring auto loan EMI calculator options, this tool is all you need for quick, accurate results.
How to Use This Car Loan Calculator
- Enter your loan amount – like ₹5 lakh, ₹10 lakh, or ₹15 lakh
- Set the interest rate – e.g., 9% annual interest
- Choose the loan tenure – typically 3 to 7 years
- Click on “Calculate EMI”
- Instantly see your monthly EMI, total interest payable, and total amount payable
Why Use Our Car EMI Calculator?
- Helps you plan your monthly car payments
- Simple UI and responsive for all devices
- Works for new cars, used cars, and auto loans
- Accurate calculations based on standard EMI formula
Sample Loan EMI Table
Loan Amount | Tenure | Interest Rate | Monthly EMI |
₹5 Lakh | 5 Years | 9% | ₹10,377 |
₹8 Lakh | 5 Years | 9% | ₹16,604 |
₹10 Lakh | 7 Years | 9% | ₹16,174 |
₹15 Lakh | 5 Years | 9% | ₹31,132 |
₹20 Lakh | 7 Years | 9% | ₹32,349 |
Use our calculator to get your personalized EMI results.
Car Loan Options You Can Estimate
Explore real-world scenarios using this tool:
- 8 lakh car loan EMI for 5 years
- 10 lakh car loan EMI for 7 years
- 15 lakh car loan EMI
- 20 lakh car loan EMI
- 5 lakh car loan EMI
- Works seamlessly as a used car loan EMI calculator too
Explore More Financial Tools
- Home Loan EMI Calculator – For property or housing finance planning
- Personal Loan EMI Calculator – Quick estimates for unsecured loans
- SIP Calculator – Plan long-term investments easily
- Bike Loan Calculator – Coming soon!
Frequently Asked Questions
Can I calculate EMI for used cars?
Yes, the calculator works as a used car loan EMI calculator — just enter the used car price as the loan amount.
Is this a free tool?
Absolutely. It’s a free online car EMI calculator with no sign-up required.
Does this work as a car loan eligibility calculator?
While it doesn’t check eligibility, it helps you estimate affordability by showing EMIs across various loan amounts.
Can I use it as a car loan calculator India?
Yes, this tool is designed to function as a reliable car loan calculator India with local use-cases.