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 EMI

PetrolFuel Type

17Fuel Efficiency

1,197 ccDisplacement

Price Breakup

New Delhi

Ex-Showroom Price:₹9,14,713

RTO:₹64,030

Insurance:₹26,984

Others:₹9,147

On-Road Price:₹10,14,874

EMI

Down Payment Amount ₹ 1,01,487

Interest Rate 8.1%

Tenure 5 Years

Running Cost

Petrol Price ₹101.3/Litre

Monthly Running 750 KMs

Monthly Maintenance ₹500

Total Monthly Expense

₹23,533/Month

Loan Amount Breakdown

Downpayment₹1,01,487

RTO New Delhi₹64,030

Insurance₹26,984

Loan Amount₹9,13,387

Your estimated EMI is ₹18,564 per month for 60 installments over 5 years. Total interest payable is approximately ₹2,00,449.

EMI Recommendation

Your Monthly Take Home Income in ₹

RiskyYour monthly EMI will be around ₹18,564, which is about 37.13% of your monthly take home salary. This is considered a risky affordability level. Buying the Hyundai I20 Asta Opt IVT may leave limited room for savings or unexpected expenses.

Value after 5 Years

Time Period5 Years

Kilometers75,000 KMs

ConditionGood

Value after 5 Years