Calculate your car loan payments.
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Get a simple explanation of the formula used in this calculator.
P * r * (1+r)^n / ((1+r)^n - 1)
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Monthly Payment (EMI)
₹ 361
Our **Car Loan Calculator** is an essential tool for anyone planning to finance a vehicle. It helps you understand the true cost of a car loan by calculating your Equated Monthly Installment (EMI) and showing a full breakdown of the principal versus interest paid. By using this tool, you can budget effectively, compare different loan offers, and make a financially sound decision before stepping into the dealership.
The calculator will instantly display your monthly payment and show how the total cost is divided between the loan amount and the interest you'll pay over time.