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 EMI

PetrolFuel Type

17 Km/LFuel Efficiency

1,497 ccDisplacement

Price Breakup

New Delhi

Ex-Showroom Price:₹15,23,910

RTO:₹1,57,572

Insurance:₹39,622

Others:₹15,239

On-Road Price:₹17,36,343

EMI

Down Payment Amount ₹ 1,73,634

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

₹37,355/Month

Loan Amount Breakdown

Downpayment₹1,73,634

RTO New Delhi₹1,57,572

Insurance₹39,622

Loan Amount₹15,62,709

Your estimated EMI is ₹31,761 per month for 60 installments over 5 years. Total interest payable is approximately ₹3,42,948.

EMI Recommendation

Your Monthly Take Home Income in ₹

CriticalYour monthly EMI will be around ₹31,761, which is about 63.52% of your monthly take home salary. This is well beyond a financially comfortable limit. Buying the Kia Seltos 1st Gen 2019 25 Seltos HTX 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