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Enter the on-road price and your down payment. See the loan amount, the EMI and the total you will actually pay for the car by the time the loan closes.
Move a slider or type a number. Everything updates instantly, and the link above carries your values so you can share or save them.
Twelve lakh
Ex-showroom price plus insurance, registration and road tax.
17% of the on-road price.
Your monthly EMI
₹21,002
every month for 5 yr
₹14,60,112
Down payment plus every EMI, by the time the loan closes. That is ₹2,60,112 more than the sticker price.
Early years are mostly interest. That is why prepaying early saves the most.
Loan = on-road price - down payment. Then the standard EMI formula.
Nothing is hidden. The same formula runs in a shared, unit-tested library used by every calculator on this site.
From on-road price to monthly instalment
These numbers are indicative. Your actual offer depends on the lender.
This calculator assumes the rate stays the same for the whole tenure. Most loans in India are floating rate, so your EMI can move when the RBI changes rates. Tell us your real situation and we will give you a figure you can plan around.
Questions
What people ask us most about this calculation.
We will tell you which lenders are likely to say yes to your file, and at roughly what rate, before you apply anywhere.
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