Car EMI Calculator (India / USA / Global)
Estimate your monthly car loan EMI, total interest and total payment in seconds. Works with any currency – INR, USD, EUR or others.
Car Loan EMI Calculator
Enter your car loan amount, interest rate and tenure to calculate EMI. This tool uses a standard reducing balance formula used by most banks and finance companies.
Enter loan amount in your currency (₹, $, € etc.).
Annual interest rate in percentage.
Common car loans are 3–8 years long.
How this car EMI calculator works
The calculator uses the standard EMI formula: EMI = [P × r × (1 + r)n] / [(1 + r)n − 1], where P is the loan amount, r is the monthly interest rate, and n is the total number of months.
You can use it for car loans in India, USA or any country by simply entering your local values.