EMI Calculator

Calculate your monthly car loan EMI instantly

Loan Amount₹10.0L

₹1L₹1Cr

Interest Rate (% p.a.)8.5%

7%15%

Loan Tenure (Years)5 years

1 yr7 yrs

No spam calls. No data sharing. Your calculations are private.

How EMI is Calculated

Your monthly EMI is calculated using: EMI = P x r x (1+r)^n / ((1+r)^n - 1), where P is your loan amount, r is the monthly interest rate, and n is the total number of months.

Monthly EMI

₹20,517

Payable every month

Principal Amount

₹10.0L

Total Interest

₹2.3L

Total Amount to Pay

₹12.3L

Loan Breakdown

Principal: 81%

Interest: 19%