EMI Calculator
Car EMI Calculator
Estimate your monthly car loan EMI by adjusting car price, down payment, interest rate and tenure.
Loan amountAdjust principal instantly
Interest rateCompare bank offers
Monthly EMIPlan before booking
Credit Score EstimatorAuto-adjusts interest rate
Down PaymentLoanInterest
Monthly EMI
—
Down Payment₹—
Loan Principal₹—
Total Interest₹—
Total Cost₹—
Share Your EMI
₹
₹1,00,000—
₹
₹0—
%
7%25%
Yr
1 Year7 Years
Amortization Schedule & Balance Chart
Outstanding Loan Balance Over Tenure
| Year | Principal Paid | Interest Paid | Balance |
|---|---|---|---|
| Total | ₹0 | ₹0 | ₹0 |
“What If” Scenario Comparator
Edit the inputs below to compare two loan scenarios side-by-side.
Scenario A
Monthly EMI
₹16,607
Total Interest₹1,96,420
Total Payable₹9,96,420
VS
Scenario B
Monthly EMI
₹15,837
Total Interest₹3,30,308
Total Payable₹13,30,308
Summary: Scenario B has a lower monthly EMI (₹15,837 vs ₹16,607). Scenario A saves ₹1,33,888 in total interest.
Lender Comparison
| Bank / NBFC | Rate | Proc. Fee | EMI |
|---|---|---|---|
BESTMahindra Finance | 8.5% | ₹2,999 | ₹0 |
SBI | 8.75% | ₹0 | ₹0 |
ICICI Bank | 9.1% | ₹3,999 | ₹0 |
HDFC Bank | 9.25% | ₹3,500 | ₹0 |
Axis Bank | 9.5% | ₹3,500 | ₹0 |
* Rates are indicative. Actual rate depends on your CIBIL score and lender policy.
- Processing fee and other loan charges are not included in this calculation.
- The calculated EMI assumes 10% interest rate. Actual rate may vary based on your credit profile and lender.
- Loan approval is at the sole discretion of the finance partner.