Finance Calculator
Car Loan EMI Calculator
Adjust loan amount, annual interest rate and tenure. Results update immediately in your browser.
Loan Inputs
Formula: EMI = P × r × (1+r)^n ÷ ((1+r)^n − 1), where r is the monthly rate.
Estimated Results
Monthly EMI₹0
Total Interest₹0
Total Payment₹0
Principal 0% Interest 0%
What these results mean
Monthly EMI is the estimated fixed monthly payment under the standard reducing-balance formula. Total Interest is the difference between estimated total payments and principal. Extending tenure can reduce EMI while increasing total interest.
Amortization Schedule
Monthly principal, interest and closing balance.
| Period | Opening Balance | Payment | Principal | Interest | Closing Balance |
|---|
Important limitation
This calculator is educational. Actual lender schedules can differ due to disbursement dates, rounding methods, fees, taxes, insurance, pre-EMI periods, rate changes or product-specific conditions. Verify final repayment terms directly with the lender.