Car Loan Calculator

Calculate your car loan EMI, down payment, and total interest for new and used vehicles

🚗 Car Loan Details

Car Price (On-road)

₹

Total on-road price including insurance & registration

Down Payment

₹

Typically 15-25% of car price

Interest Rate

%

Car loan rates: 8-15% per annum

Loan Tenure

Years

Car loans typically 3-7 years

Car Type

🚗 Popular Car Examples:

🚗 Car Loan Tips

💰 Higher Down Payment: Reduces EMI and total interest
⏰ Shorter Tenure: Lower total interest cost
🏦 Compare Banks: Different rates for same profile
📈 Credit Score: 750+ gets best rates
🎯 EMI Rule: Keep under 20% of monthly income