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.

Kia Seltos 1st Gen 2019 25 Seltos HTE (O) EMI

PetrolFuel Type

17.14 Km/LFuel Efficiency

1,497 ccDisplacement

Price Breakup

New Delhi

Ex-Showroom Price:₹10,79,276

RTO:₹1,11,597

Insurance:₹29,680

Others:₹10,793

On-Road Price:₹12,31,346

EMI

Down Payment Amount ₹ 1,23,135

Interest Rate 8.1%

Tenure 5 Years

Running Cost

Petrol Price ₹101.3/Litre

Monthly Running 750 KMs

Monthly Maintenance ₹788

Total Monthly Expense

₹27,745/Month

Loan Amount Breakdown

Downpayment₹1,23,135

RTO New Delhi₹1,11,597

Insurance₹29,680

Loan Amount₹11,08,211

Your estimated EMI is ₹22,524 per month for 60 installments over 5 years. Total interest payable is approximately ₹2,43,205.

EMI Recommendation

Your Monthly Take Home Income in ₹

Very RiskyYour monthly EMI will be around ₹22,524, which is about 45.05% of your monthly take home salary. Financing the Kia Seltos 1st Gen 2019 25 Seltos HTE (O) 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