Question 1

How is car-loan EMI calculated?

Accepted Answer

EMI on the amount you finance, with daily reducing, monthly / 12, or flat rate. Type the on-road price minus down payment as the loan amount if you want the financed figure.

Question 2

Does this include dealer offers?

Accepted Answer

No. Cash discounts, exchange bonus, and free insurance are not modelled. Use the net amount you will borrow.

Question 3

Is this a dealer quote?

Accepted Answer

No. Figures are for planning. Confirm the contract rate and fees with the financier.