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Auto Loan EMI Calculator

Online financial calculator that allows you to calculate your car and other auto loan EMI, interest rate for a particular amount. Calculate equated monthly installment (EMI) for new and used cars or other vehicles.

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Auto Loan EMI, Interest Rate Calculation

Amount (Vehicle Price)
Down Payment
Annual Interest Rate %
Term/Period months
 
 
Monthly Payment
Total Interest Payment
Total Amount to Pay

 
   
  
Code to add this calci to your website Expand embed code Minimize embed code
Just copy and paste the below code to your webpage where you want to display this calculator.




Formula:
EMI = ( P × r × (1+r)n ) / ((1+r)n − 1)

Where
   EMI = Equated Monthly Installment
   P = Loan Amount - Down payment
   r = Annual Interest rate / 1200
   n = Term (Period or no.of year or months for loan repayment.)

Auto loan EMI and interest rate calculations for car and other vehicles are made easier.