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 GTX A Diesel AT EMI

Front three-quarter view of a black Seltos GTX on a yellow background.

DieselFuel Type

20.7 Km/LFuel Efficiency

1,493 ccDisplacement

Price Breakup

New Delhi

Ex-Showroom Price:₹19,99,000

RTO:₹2,49,875

Insurance:₹51,974

Others:₹19,990

On-Road Price:₹23,20,839

EMI

Down Payment Amount ₹ 2,32,084

Interest Rate 8.1%

Tenure 5 Years

Running Cost

Diesel Price ₹101.3/Litre

Monthly Running 750 KMs

Monthly Maintenance ₹1,436

Total Monthly Expense

₹47,558/Month

Loan Amount Breakdown

Downpayment₹2,32,084

RTO New Delhi₹2,49,875

Insurance₹51,974

Loan Amount₹20,88,755

Your estimated EMI is ₹42,452 per month for 60 installments over 5 years. Total interest payable is approximately ₹4,58,392.

EMI Recommendation

Your Monthly Take Home Income in ₹

Not AdvisableYour monthly EMI will be around ₹42,452, which is about 84.9% of your monthly take home salary. It is not financially advisable to purchase the Kia Seltos GTX A Diesel AT at your current income level. Consider increasing your down payment, selecting a more affordable variant, or waiting until your income grows.

Value after 5 Years

Time Period5 Years

Kilometers75,000 KMs

ConditionGood

Value after 5 Years