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Where to find an easy car loans EMI calculator?


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Written on: 18.11.2009 [18:26]
Sherman
Sherman
Topic creator
Posts: 2
I need to find an easy yet comprehensive car loans EMI calculator. It needs to be able to calculate the EMI taking in to consideration not only the loan amount and interest rate but also the tenure. Many thanks for your help.
Written on: 22.11.2009 [07:59]
Austin
Austin
Posts: 5
I remember the Rupee Times having a similar calculator online, not sure if it includes tenure though. When I was looking in to getting a car I used this graph representation in order to help me decide how long to take the loan out for as it shows you the amount depending on the amount of months/years you decide to take the loan out for: http://www.carwale.com/Finance/calculateEmi.aspx. But I would also make sure that you have considered all of the aspects with regards to taking out a loan for the car. Do you have a house? Many of the loan providers need this for their best rates otherwise you get stuck with high diminishing interest rate.

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