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Car Loan Calculator
Calculate your car loan EMI, total interest, and repayment schedule. Compare different loan amounts, interest rates, and tenures to find the best plan.
Loan Details
₹8,00,000
₹1L₹1Cr
8.75%
1%20%
Typical car loan rates: 8-10%
5 Years
1 Year7 Years
Car loans typically have 1-7 year tenure.
Your EMI Summary
Monthly EMI
₹16,510
Total Interest Payable
₹1,90,587
Total Payment
₹9,90,587
Loan Summary
Principal Amount₹8,00,000
Interest to Principal Ratio0.24x
19.2%Interest Share
Principal
Interest
You'll pay ₹1,90,587 in interest over 5 years.
Smart Car Loan Tips
Compare rates across banks and NBFCs. A higher down payment reduces interest burden. Choose a shorter tenure if EMI is affordable – it saves significant interest. Check for prepayment charges and processing fees before finalising.