Monthly EMI
Total Loan Amount
Total Interest
Total Car Cost
| Car Price (Ex-showroom) | ₹-- |
| Down Payment | ₹-- |
| Loan Principal | ₹-- |
| Insurance (1st year) | ₹-- |
| Registration & RTO | ₹-- |
| Accessories | ₹-- |
| Processing Fee | ₹-- |
| Total On-Road Price | ₹-- |
| New Car | Used Car (3 years) | |
|---|---|---|
| Interest Rate | 8.5% - 11% | 11% - 15% |
| Loan Tenure | Up to 7 years | Up to 5 years |
| Down Payment | 10-20% | 15-25% |
| Depreciation (5 years) | 50-60% | 25-35% |
| Maintenance Cost | Low (Warranty) | Higher |
| Year | Opening Balance | EMI Paid | Principal | Interest | Closing Balance |
|---|
A car loan helps you finance your dream vehicle with affordable monthly payments. Our calculator helps you understand the total cost including EMI, insurance, and registration.
| Lender | New Car | Used Car |
|---|---|---|
| SBI | 8.50% | 9.75% |
| HDFC Bank | 8.75% | 10.25% |
| ICICI Bank | 8.90% | 10.50% |
| Axis Bank | 9.10% | 11.00% |