How is car EMI calculated?

Car EMI is calculated from the loan amount, interest rate and loan tenure after subtracting the down payment from the selected car price.

Can I calculate car running cost with EMI?

Yes, the CarWyapar EMI calculator can estimate EMI, fuel cost and maintenance to show an approximate monthly expense.

Car EMI Planner

A car is a big financial investment. CarWyapar offers a free EMI planner and monthly expense calculator for you to find the best car in your budget.

Hyundai I20 Asta Opt IVT DT EMI

PetrolFuel Type

17Fuel Efficiency

1,197 ccDisplacement

Price Breakup

New Delhi

Ex-Showroom Price:₹10,38,970

RTO:₹1,07,429

Insurance:₹28,572

Others:₹10,390

On-Road Price:₹11,85,361

EMI

Down Payment Amount ₹ 1,18,536

Interest Rate 8.1%

Tenure 5 Years

Running Cost

Petrol Price ₹101.3/Litre

Monthly Running 750 KMs

Monthly Maintenance ₹583

Total Monthly Expense

₹26,734/Month

Loan Amount Breakdown

Downpayment₹1,18,536

RTO New Delhi₹1,07,429

Insurance₹28,572

Loan Amount₹10,66,825

Your estimated EMI is ₹21,682 per month for 60 installments over 5 years. Total interest payable is approximately ₹2,34,122.

EMI Recommendation

Your Monthly Take Home Income in ₹

Very RiskyYour monthly EMI will be around ₹21,682, which is about 43.36% of your monthly take home salary. Financing the Hyundai I20 Asta Opt IVT DT at this level could place considerable pressure on your monthly budget. Consider a higher down payment, longer tenure, or a more affordable model.

Value after 5 Years

Time Period5 Years

Kilometers75,000 KMs

ConditionGood

Value after 5 Years