Car loan calculator
Monthly instalment, total interest and repayment schedule for a car loan.
Estimate for information only — not financial, tax, legal or medical advice.
How it's calculated
EMI = P·r·(1+r)^n / ((1+r)^n − 1), r = annual rate / 12, n = months. If r = 0, EMI = P / n.
- Fixed rate for the whole term
- No processing fees, insurance or taxes included
Version 1.0 · exact decimal maths · inputs are not stored.
Questions
Does this include insurance and fees?
No. Car financing in Pakistan usually adds insurance, processing fees and sometimes tracker costs. Ask your bank for the all-in monthly figure.
Are car loans fixed or floating?
Many are linked to KIBOR and reset periodically, so the instalment can change. This calculator assumes a fixed rate for the whole term.