Tools & calculators

Used Car Loan EMI Calculator

Estimate the loan amount and EMI for a used car after your down payment.

Vehicle on-road price

₹25,000₹62.5 lakh

Down payment

₹0₹6.67 lakh

Loan amount: ₹5,02,000 (allowed ₹25,000 – ₹50 lakh)

Interest rate (p.a.)

0%24%

Loan tenure

Yr Mo

1 yr7 yr

Add fees (optional)

Processing fee (%)

Other charges (₹)

Enter only fees you know about. They are shown separately and do not change the EMI.

Your monthly EMI

₹13,220

Principal amount: ₹5,02,000
Total interest: ₹1,32,540
Total repayment: ₹6,34,540
Fees you entered: ₹0
Total cost incl. fees: ₹6,34,540

Want to explore this scenario?We’ll attach these results to your enquiry, so you won’t need to re-enter anything.

Calculated on a reducing balance with a fixed annual rate of 12% for 4 years.
Loan amount = on-road price minus your down payment.
Processing fees, GST, insurance and other charges are excluded unless you add them.
Results are illustrative. Actual rates, EMI and eligibility are decided by the lender.

View amortisation schedule

Repayment schedule by year. Expand a year to see monthly rows.
Period	Opening balance	Principal	Interest	Instalments	Closing balance
	₹5,02,000	₹1,03,991	₹54,644	₹1,58,635	₹3,98,009
Month 1	₹5,02,000.00	₹8,199.59	₹5,020.00	₹13,219.59	₹4,93,800.41
Month 2	₹4,93,800.41	₹8,281.59	₹4,938.00	₹13,219.59	₹4,85,518.82
Month 3	₹4,85,518.82	₹8,364.40	₹4,855.19	₹13,219.59	₹4,77,154.42
Month 4	₹4,77,154.42	₹8,448.05	₹4,771.54	₹13,219.59	₹4,68,706.37
Month 5	₹4,68,706.37	₹8,532.53	₹4,687.06	₹13,219.59	₹4,60,173.84
Month 6	₹4,60,173.84	₹8,617.85	₹4,601.74	₹13,219.59	₹4,51,555.99
Month 7	₹4,51,555.99	₹8,704.03	₹4,515.56	₹13,219.59	₹4,42,851.96
Month 8	₹4,42,851.96	₹8,791.07	₹4,428.52	₹13,219.59	₹4,34,060.89
Month 9	₹4,34,060.89	₹8,878.98	₹4,340.61	₹13,219.59	₹4,25,181.91
Month 10	₹4,25,181.91	₹8,967.77	₹4,251.82	₹13,219.59	₹4,16,214.14
Month 11	₹4,16,214.14	₹9,057.45	₹4,162.14	₹13,219.59	₹4,07,156.69
Month 12	₹4,07,156.69	₹9,148.02	₹4,071.57	₹13,219.59	₹3,98,008.67
	₹3,98,009	₹1,17,180	₹41,455	₹1,58,635	₹2,80,829
Month 13	₹3,98,008.67	₹9,239.50	₹3,980.09	₹13,219.59	₹3,88,769.17
Month 14	₹3,88,769.17	₹9,331.90	₹3,887.69	₹13,219.59	₹3,79,437.27
Month 15	₹3,79,437.27	₹9,425.22	₹3,794.37	₹13,219.59	₹3,70,012.05
Month 16	₹3,70,012.05	₹9,519.47	₹3,700.12	₹13,219.59	₹3,60,492.58
Month 17	₹3,60,492.58	₹9,614.66	₹3,604.93	₹13,219.59	₹3,50,877.92
Month 18	₹3,50,877.92	₹9,710.81	₹3,508.78	₹13,219.59	₹3,41,167.11
Month 19	₹3,41,167.11	₹9,807.92	₹3,411.67	₹13,219.59	₹3,31,359.19
Month 20	₹3,31,359.19	₹9,906.00	₹3,313.59	₹13,219.59	₹3,21,453.19
Month 21	₹3,21,453.19	₹10,005.06	₹3,214.53	₹13,219.59	₹3,11,448.13
Month 22	₹3,11,448.13	₹10,105.11	₹3,114.48	₹13,219.59	₹3,01,343.02
Month 23	₹3,01,343.02	₹10,206.16	₹3,013.43	₹13,219.59	₹2,91,136.86
Month 24	₹2,91,136.86	₹10,308.22	₹2,911.37	₹13,219.59	₹2,80,828.64
	₹2,80,829	₹1,32,041	₹26,594	₹1,58,635	₹1,48,787
Month 25	₹2,80,828.64	₹10,411.30	₹2,808.29	₹13,219.59	₹2,70,417.34
Month 26	₹2,70,417.34	₹10,515.42	₹2,704.17	₹13,219.59	₹2,59,901.92
Month 27	₹2,59,901.92	₹10,620.57	₹2,599.02	₹13,219.59	₹2,49,281.35
Month 28	₹2,49,281.35	₹10,726.78	₹2,492.81	₹13,219.59	₹2,38,554.57
Month 29	₹2,38,554.57	₹10,834.04	₹2,385.55	₹13,219.59	₹2,27,720.53
Month 30	₹2,27,720.53	₹10,942.38	₹2,277.21	₹13,219.59	₹2,16,778.15
Month 31	₹2,16,778.15	₹11,051.81	₹2,167.78	₹13,219.59	₹2,05,726.34
Month 32	₹2,05,726.34	₹11,162.33	₹2,057.26	₹13,219.59	₹1,94,564.01
Month 33	₹1,94,564.01	₹11,273.95	₹1,945.64	₹13,219.59	₹1,83,290.06
Month 34	₹1,83,290.06	₹11,386.69	₹1,832.90	₹13,219.59	₹1,71,903.37
Month 35	₹1,71,903.37	₹11,500.56	₹1,719.03	₹13,219.59	₹1,60,402.81
Month 36	₹1,60,402.81	₹11,615.56	₹1,604.03	₹13,219.59	₹1,48,787.25
	₹1,48,787	₹1,48,787	₹9,848	₹1,58,635	₹0
Month 37	₹1,48,787.25	₹11,731.72	₹1,487.87	₹13,219.59	₹1,37,055.53
Month 38	₹1,37,055.53	₹11,849.03	₹1,370.56	₹13,219.59	₹1,25,206.50
Month 39	₹1,25,206.50	₹11,967.52	₹1,252.07	₹13,219.59	₹1,13,238.98
Month 40	₹1,13,238.98	₹12,087.20	₹1,132.39	₹13,219.59	₹1,01,151.78
Month 41	₹1,01,151.78	₹12,208.07	₹1,011.52	₹13,219.59	₹88,943.71
Month 42	₹88,943.71	₹12,330.15	₹889.44	₹13,219.59	₹76,613.56
Month 43	₹76,613.56	₹12,453.45	₹766.14	₹13,219.59	₹64,160.11
Month 44	₹64,160.11	₹12,577.99	₹641.60	₹13,219.59	₹51,582.12
Month 45	₹51,582.12	₹12,703.77	₹515.82	₹13,219.59	₹38,878.35
Month 46	₹38,878.35	₹12,830.81	₹388.78	₹13,219.59	₹26,047.54
Month 47	₹26,047.54	₹12,959.11	₹260.48	₹13,219.59	₹13,088.43
Month 48	₹13,088.43	₹13,088.43	₹130.88	₹13,219.31	₹0.00

The default rate is an example for illustration only and is not a quoted rate. Results exclude fees unless entered. The lender decides your actual terms.

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Lenders consider the age, condition and valuation of a pre-owned car, which can affect the amount they lend and the terms they offer.

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Used Car Loan EMI Calculator

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