Auto Loan EMI Calculator

The Auto Loan EMI Calculator is a free online tool designed to help you calculate your monthly Equated Monthly Installment (EMI) for auto loans and car loans. Whether you're planning to finance a new car, used car, or any vehicle, this calculator provides accurate EMI calculations based on your loan amount, interest rate, and loan tenure.

This calculator supports multiple countries including the United States (USA), India, United Arab Emirates (UAE), Canada, and Nepal. For Indian users, you can select from popular banks like HDFC Bank, ICICI Bank, State Bank of India (SBI), Bank of Baroda (BOB), Axis Bank, Punjab National Bank (PNB), and IDFC First Bank to get bank-specific interest rates.

The calculator helps you understand your monthly payment obligations, total interest payable over the loan tenure, and the complete amortization schedule. You can also factor in prepayments to see how they affect your loan tenure and interest savings. Prepayments can be made monthly, yearly, or as a one-time lump sum payment.

Key features of this auto loan EMI calculator include:

• Calculate monthly EMI for auto loans and car loans
• Support for multiple countries: USA, India, UAE, Canada, Nepal
• Bank-specific interest rates for Indian banks (HDFC, ICICI, SBI, BOB, Axis, PNB, IDFC)
• Down payment and car price calculations
• Prepayment options (monthly, yearly, one-time)
• Complete amortization schedule with all payment details
• Export payment schedule to CSV format
• Currency formatting based on selected country

To use the calculator, simply select your country, optionally choose a bank (for Indian banks), enter your loan amount or car price with down payment, specify the interest rate and loan tenure, and click calculate. The calculator will instantly show you your monthly EMI, total interest, total payment, and a detailed payment schedule.

Understanding your EMI helps you plan your finances better and make informed decisions about your auto loan. Use this calculator to compare different loan options, interest rates, and tenures to find the best auto loan deal that fits your budget.

Whether you're looking for an auto loan EMI calculator for USA, India, UAE, Canada, or Nepal, or specifically for banks like HDFC, ICICI, SBI, BOB, Axis Bank, PNB, or IDFC, this tool provides accurate calculations to help you plan your vehicle financing effectively.