ToolEmpire

Car Loan Calculator

Estimate your monthly car loan payment (EMI) from price, down payment, rate, and term.

Inputs

$

Full price of the vehicle

$

Amount paid upfront

Annual interest rate (%)

Loan length in months

Results

Monthly payment
$471.78
Monthly payment (EMI)
Total interest
$3,306.85
Total interest over term
Total payment
$28,306.85
Total you will pay
Financed amount
$25,000.00
Loan principal after down payment

About this tool

Enter the car price, down payment, rate, and term in months to get the monthly EMI, total interest, total payment, and financed amount.

How to use

  1. 1Enter the full vehicle price in Car price — include taxes and fees if your quote has them.
  2. 2Enter the amount you will pay upfront in Down payment.
  3. 3Set the lender's rate in Interest rate (%) and the loan length in Term (months).
  4. 4Compare the monthly payment, total interest, total payment, and financed amount against the lender's quote.

Frequently asked questions

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