How to Use This Calculator
- Enter Loan Amount.
- Enter Annual Rate (%).
- Enter Tenure (months).
- Click Calculate to view the result.
- Review the calculated result shown below the form.
- Use Reset to clear the values and start again.
Automotive
Car Loan EMI Calculator
Calculate car loan monthly EMI.
Formula
Monthly EMI=
((Loan Amount × (Annual Rate (%) ÷ 12 ÷ 100) × pow(1 + (Annual Rate (%) ÷ 12 ÷ 100),Tenure (months))) ÷ (pow(1 + (Annual Rate (%) ÷ 12 ÷ 100),Tenure (months)) − 1))