Car Loan Calculator
Drive home a plan that fits your budget.
Estimate your car loan EMI and total ownership cost. Try different down payments and tenures before you commit.
Enter your details
Loan amount
₹8.00 L
Interest rate (p.a.)
9.50 %
Tenure
5 years
Monthly EMI
₹16,801
Total interest
₹2.08 L
Total payment
₹10.16 L
Closes in
5.0 yrs
Principal vs interest79% / 21%
How it works
Understand every number
How much down payment is ideal?
A 20–30% down payment reduces your EMI and total interest, and keeps you from being upside-down on the loan.
New car vs used car interest
New-car loan rates are typically 1–2% lower than used-car loans. Choose tenure carefully — cars depreciate fast.
FAQ