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Auto Loan Calculator

Calculate your monthly car loan payment, total interest and total cost.

Formula v1.0.0GlobalMethodologyauto-loan-v1
How this is calculated
Payment = amortized (price − trade-in + tax − down payment) over the loan term

Assumptions used in this calculation

  • Fixed-rate amortizing loan: Assumes a standard fixed monthly payment loan, not a balloon or variable-rate structure.

About this calculator

The auto loan calculator estimates your monthly car payment from the vehicle price, down payment, trade-in value, sales tax and loan term, using the standard amortizing-loan formula.

Worked example

₹25,00,000 car, ₹3,00,000 down, 9% APR over 60 months

Result: Monthly payment ≈ ₹43,000

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