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Car Loan EMI Calculator

Instalments for new and used car loans.

₹1,00,000₹1,00,00,000
%
6 %16 %
yrs
1 yrs8 yrs

Results

Monthly EMI

₹16,801

for 5 years at 9.5% p.a.

Total payment

₹10.08 L

  • Principal79%
  • Total interest21%
Principal
₹8,00,000
Total interest
₹2,08,089
Total payment
₹10,08,089
Interest as % of principal
26%
Year-wise repayment schedule
Year-wise amortisation schedule
YearPrincipal paidInterest paidBalance
Year 1₹1,31,234₹70,383₹6,68,766
Year 2₹1,44,259₹57,359₹5,24,506
Year 3₹1,58,576₹43,041₹3,65,930
Year 4₹1,74,315₹27,303₹1,91,615
Year 5₹1,91,615₹10,003₹0

How this calculator works

Cars depreciate while loans amortise — a long tenure can leave you owing more than the car is worth. Shorter tenures with a larger down payment usually cost far less overall.

Factor insurance, fuel and maintenance on top of the EMI when checking affordability.

Results are estimates for planning, not guarantees or tax/investment advice. For a plan built around your goals, talk to our advisors — the consultation is free.

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