Home › Finance Tools › Auto Loan Calculator

💰 FINANCE TOOLS ⭐ POPULAR

Auto Loan Calculator

Calculate your car loan EMI, total interest & vehicle cost instantly. Free auto loan calculator with trade-in, tax & fees support. No sign-up needed. Try it free.

245K uses this month Rating 4.8★ Updated May 2026

🚘 Hatchback

🚗 Sedan

🚙 SUV

🏎️ Luxury

🔧 Used Car

⚙️ Custom

Car Price (On-Road)

₹ INR

₹5L ₹8L ₹15L ₹30L ₹50L

Down Payment

₹

10% 15% 20% 25% 30% 50%

Loan Amount (Car Price − Down Payment)

₹ INR

Annual Interest Rate

% p.a.

7% 8% 9% 10% 12% 14%

Loan Tenure

Yrs

1 Yr 2 Yrs 3 Yrs 5 Yrs 7 Yrs 8 Yrs

Monthly EMI

₹0

for 0 months · Total ₹0

₹0

Loan Amount

₹0

Total Interest

₹0

Total Cost

True Cost of Car

Down Payment + Total Loan Repayment

₹0

Down Payment: ₹0

Loan Amount: ₹0

Interest: ₹0

True Car Cost: ₹0

Repayment Schedule

YEARLY

Year	Principal	Interest	EMI Paid	Balance

Frequently Asked Questions

📌 How is the auto loan EMI calculated? ▼

The EMI (Equated Monthly Installment) is calculated using the formula: [P x R x (1+R)^N]/[(1+R)^N-1], where P is the principal loan amount, R is the monthly interest rate, and N is the number of months.

📌 Should I include sales tax in the loan? ▼

It depends on your financing. Many lenders allow you to roll sales tax and registration fees into the loan, but this increases your monthly payment and the total interest you will pay.

📌 How does a trade-in affect my loan? ▼

A trade-in acts like a down payment. It reduces the "Total Price" of the car, which in turn reduces the amount you need to borrow and the interest you will pay over time.

User Reviews

5.0

★ ★ ★ ★ ★

Based on 1 reviews

5★

4★

3★

2★

1★

★ ★ ★ ★ ★

Click to rate this tool