Car Loan EMI Calculator
On-road price aur down payment sliders ke sath car loan EMI calculate karein. Vehicle finance budget banayein aur total interest outgo dekhein.
Yeh repayment planning ka example hai. Valid shared inputs retain hue hain; lender ki current conditions aur limits check karein.
The 20/4/10 Automotive Financing Rule
Recommended benchmark to prevent vehicle negative equity and excessive interest burn.
Pay at least 20% down to absorb the car's rapid first-year depreciation and avoid owing more than market value.
Keep loan duration under 48 months (4 years). Longer 6-7 year loans make you pay up to 40% more in pure interest.
Total monthly transportation costs (EMI + fuel + insurance + maintenance) should not exceed 10% of gross monthly pay.
Amortization Schedule
Click any year row to view individual monthly principal & interest allocations.
| Year | Opening Balance | Principal Paid | Interest Paid | Prepayment | Closing Balance |
|---|---|---|---|---|---|
| Calculate loan parameters to generate yearly and monthly amortization schedule. | |||||