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 X-Line Turbo DCT EMI

PetrolFuel Type

17.9 Km/LFuel Efficiency

1,482 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

₹39,037/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 X-Line Turbo DCT 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