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 HTX (O) EMI

PetrolFuel Type

17 Km/LFuel Efficiency

1,497 ccDisplacement

Price Breakup

New Delhi

Ex-Showroom Price:₹16,15,427

RTO:₹1,67,035

Insurance:₹42,001

Others:₹16,154

On-Road Price:₹18,40,617

EMI

Down Payment Amount ₹ 1,84,062

Interest Rate 8.1%

Tenure 5 Years

Running Cost

Petrol Price ₹101.3/Litre

Monthly Running 750 KMs

Monthly Maintenance ₹1,125

Total Monthly Expense

₹39,262/Month

Loan Amount Breakdown

Downpayment₹1,84,062

RTO New Delhi₹1,67,035

Insurance₹42,001

Loan Amount₹16,56,555

Your estimated EMI is ₹33,668 per month for 60 installments over 5 years. Total interest payable is approximately ₹3,63,543.

EMI Recommendation

Your Monthly Take Home Income in ₹

CriticalYour monthly EMI will be around ₹33,668, which is about 67.34% of your monthly take home salary. This is well beyond a financially comfortable limit. Buying the Kia Seltos 1st Gen 2019 25 Seltos HTX (O) 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