Car Loan Amount Calculator

Car Loan Amount Calculator helps in determing the car loan amount needed based on affordable EMI, varying tenure and interest rate.

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If you are planning to purchase a car, you must be thinking what loan amount you can borrow based on affordable EMI, varying tenure and interest rate.

If you know how much EMI you can pay every month, then you can determine how much you can afford. Enter the EMI that you can pay every month, the interest rate (charged as per your bank) and the preferred tenure, the Car loan amount calculator will tell you how much Loan amount you can borrow.

For Example:

If you can afford to pay Let’s say $150 on a monthly basis and repay it in 48 months (4 years) with rate of interest as 8%, then you can use Auto Loan Amount calculator to find out the car loan amount you can borrow.

But If you don’t have any idea regarding what EMI you can afford, click here to read “How much car you can afford?”. This will help you understand “How much you should spend on a car” no matter if you are paying in cash or planning to finance your car through car loan.

Also check our Car Affordability Calculator to estimate your affordable EMI.

But is that all you need?

So, what are other calculators people might need apart from a basic Car Loan Amount Calculator?

Basically, people want answers for 4 core questions when going for a car loan.

  1. How much would be the monthly payment i.e. EMI for my Car loan? – Car Loan EMI Calculator
  2. How much money can I borrow based on EMI that I can afford? –  Car Loan Amount Calculator
  3. How long will it take to repay my loan? – Car Loan Tenure Calculator
  4. How much interest would I have to pay if I am buying a used car instead of a new car? Car Interest Rate Calculator

To address the above four questions, we have created four calculators that are easy to use, intuitive and quick to perform. These calculators also consist of advanced features like payment schedule, charts and currency format options.

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