Estimate your monthly repayments, total interest, and full cost of financing your next car in Pakistan.
Commercial banks typically offer 12–18% p.a. Islamic financing options (Meezan, Alfalah) may have different structures. Negotiate a lower rate with a larger down payment (≥30%).
A larger down payment reduces your monthly burden and total interest paid. Aim for at least 30% down payment when buying a car in Pakistan.
This free car loan calculator helps Pakistani car buyers estimate their monthly repayments before visiting a bank. Enter your car's purchase price, how much you plan to pay upfront (down payment), your preferred loan term in months, and the annual interest rate — and we'll calculate your exact monthly instalment, total mark-up, and full repayment amount.
In Pakistan, most banks offer both Conventional and Islamic Car Financing (Ijarah). In conventional banking, you pay interest on the reducing balance. In Islamic financing, the bank buys the car and leases it to you for a fixed monthly profit/rent.