Car Loan Calculator

Calculate your car loan EMI in seconds with Calcify’s Free Car Loan Calculator. Quick, accurate, and mobile-friendly—perfect for planning and comparing loan offers.

Input
Output

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Enter your car price, down payment, interest rate, and loan term to calculate your monthly car payments!

Monthly EMI

Principal amount

Total Interest

Total Amount

Calcify's Car Loan Calculator help those who are looking to see the EMI on financing a vehicle, so you can calculate whether purchasing the vehicle is really in your budget! Enter the on-road price of the car, the amount you plan to put down as a down payment, loan interest rate, and loan repayment period. The Car Loan calculator provides your estimated monthly payment.

For example, if a car costs ₹12,00,000 and you’re planning a certain down payment, the calculator shows how much you’ll owe each month and how much you’ll pay in interest over the full term. Use this Car Loan Calculator before visiting the dealer so you negotiate with confidence. After calculating, explore more auto finance and affordability tools on Calcify.

FAQs

Yes, Calcify's car loan calculator is completely free, and you do not need to sign up to access it and use it.

Absolutely! The calculator works for both new and habituated auto loans.

The EMI is calculated based on standard loan amortization formulas so that we get you as accurate an estimate as possible for your payments.

Yes, you can enter the down payment and subtract it from the loan amount prior to calculation.

Yes, you can change the interest rate and loan duration to represent different scenarios.

Yes, it is mobile-friendly and works on smartphones, tablets, and desktops.

Currently, it shows the EMI only. We have an interest breakdown coming soon.

This calculator is specifically for loans, but we have a standalone Lease Calculator available.

Presently, it’s optimized for USD, but multi-currency support is planned in future updates.

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