Auto Loan EMI Calculator

Calculate EMI for car loans. Enter vehicle price, down payment, rate and tenure to get monthly EMI and amortization schedule.

Optional — loan principal = vehicle price − down payment + processing fee (if any).

How this works

Loan principal = vehicle price − down payment + processing fee. Monthly rate r = annual rate / 12 / 100. EMI formula: EMI = P × r × (1 + r)^n / ((1 + r)^n − 1).

You can compare results with our Compound Interest calculator to understand growth vs. loan cost.

Amortization schedule

No data — calculate EMI to view schedule.