Car Loan EMI Calculator

Updated: Apr 22, 2018

Calculate the Equated Monthly Installment (EMI) for your car loan. Fill up the loan amount, annual interest rate, loan tenure and hit the Calculate button.

Loan EMI:
The EMI amount you will pay each month
Total Interest Payable:
The total interest you will pay over the loan tenure
Total Payment(Principal + Interest):
The total amount you will pay over the tenure of the loan including the principal and the interest
Background Information

EMI or Equated Monthly Installment is a fixed amount payable by a borrower or lender every month to the bank or any other financial institution until the mortgage or loan amount is fully paid off. Generally, they are paid on a specified date each calendar month. It consists of the interest on mortgage as well as part of the principal amount to be repaid so that over a specified number of years, the loan is paid off in full.


You may also like...

Actual Cash Value Calculator

Actual Cash Value Calculator is used to calculate the Actual Cash Value (ACV) of an insured property

View Tool

Future Value of Annuity Calculator

Find the future value of annuities due, regular annuities and growing annuities

View Tool

Future Value of Annuity Due Calculator

Determine ending value of a series of payments or cash flows where the first payment is received immediately

View Tool

Comments 0


Apr 22, 2018
Tool Launched