/
Free Tool · Nepal
Car EMI Calculator
Work out exactly what you'll pay every month before you buy or sell — built around how car loans actually work in Nepal. Enter the on-road price, and everything below updates instantly.
Loan Details
Tap a car for a quick estimate. Prices are indicative Nepal on-road figures — always check the live listing on AutoViindu for the exact price.
Car price on-road, tax included
Rs 5,00,000
1 Lakh5 Crore
Down payment
20%Rs 1,00,000
0%90%
10%
20%
30%
40%
50%
Loan tenure
5 years
1 year9 years
Interest rate % per year, bank auto loan
10.5%
6%18%
Monthly EMI
~Rs 6,684
per month (approx) — 60 months
Loan amount
~Rs 4,00,000
Total interest
~Rs 1,01,036
Total payable
~Rs 5,01,036
Interest share
20.2%
Can You Afford This?
Most Nepali banks keep total loan EMIs under ~40% of monthly income. Staying below that leaves room for fuel, insurance, and servicing.
Payment Split
Principal
Interest
Car priceRs
5,00,000
Down paymentRs
1,00,000
Loan amountRs
4,00,000
Total interest paidRs 1,01,036
Total amount paidRs
5,01,036
| Year | Principal paid | Interest paid | Yearly total | Balance left |
|---|
Tip
A higher down payment reduces both your EMI and the total interest you
pay over the loan period.
How this is calculated
EMI uses the standard reducing-balance formula banks in Nepal use: EMI = P ×
r × (1+r)^n / ((1+r)^n − 1), where P is the loan amount, r is the monthly interest rate, and n is the
number of months. Enter the car's full on-road price — Nepal listings already include customs duty, excise,
and VAT, so there's nothing extra to add on top.