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 HTK Plus (O) Diesel AT EMI

DieselFuel Type

19.1 Km/LFuel Efficiency

1,497 ccDisplacement

Price Breakup

New Delhi

Ex-Showroom Price:₹15,43,177

RTO:₹1,92,897

Insurance:₹40,123

Others:₹15,432

On-Road Price:₹17,91,629

EMI

Down Payment Amount ₹ 1,79,163

Interest Rate 8.1%

Tenure 5 Years

Running Cost

Diesel Price ₹101.3/Litre

Monthly Running 750 KMs

Monthly Maintenance ₹1,249

Total Monthly Expense

₹37,999/Month

Loan Amount Breakdown

Downpayment₹1,79,163

RTO New Delhi₹1,92,897

Insurance₹40,123

Loan Amount₹16,12,466

Your estimated EMI is ₹32,772 per month for 60 installments over 5 years. Total interest payable is approximately ₹3,53,867.

EMI Recommendation

Your Monthly Take Home Income in ₹

CriticalYour monthly EMI will be around ₹32,772, which is about 65.54% of your monthly take home salary. This is well beyond a financially comfortable limit. Buying the Kia Seltos 1st Gen 2019 25 Seltos HTK Plus (O) Diesel AT could significantly affect your ability to manage daily expenses and save for emergencies.

Value after 5 Years

Time Period5 Years

Kilometers75,000 KMs

ConditionGood

Value after 5 Years