Skip to content
Toolbench

Car loan calculator

Calculate monthly car loan payments and total interest. Compare terms and rates. Free online calculator.

In your browser

About this tool

Find the monthly payment for a car loan and how much interest you’ll pay. Try a shorter term to see how much you’d save.

How to use it

  1. 1 Enter the loan amount.
  2. 2 Enter the yearly interest rate and the term.
  3. 3 Read the monthly payment and open the schedule.

Questions

What is EMI?

Equated monthly installment: the fixed amount you pay each month, covering interest and part of the principal.

Is my data uploaded?

No. This tool runs in your browser, so your text and files never reach our server.

Is this tool free?

Yes. It’s free to use with no sign-up and no limits for normal use.