Auto Loan EMI – Calculate your car Loan

Calculating auto loan is easy if you use this free auto loan EMI calculator, use this free calculator and calculate your EMI’s.

Auto Loan EMI – Calculator

  • Amount (Vehicle Price)

  • Down Payment

  • Annual Interest Rate (% )

  • Term/Period (months)

  •  

  • Monthly Payment

  • Total Interest Payment

  • Total Amount to Pay

Formula Used:
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.)