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 X-Line iVT EMI

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

PetrolFuel Type

17.7 Km/LFuel Efficiency

1,497 ccDisplacement

Price Breakup

New Delhi

Ex-Showroom Price:₹18,39,000

RTO:₹1,90,153

Insurance:₹47,814

Others:₹18,390

On-Road Price:₹20,95,357

EMI

Down Payment Amount ₹ 2,09,536

Interest Rate 8.1%

Tenure 5 Years

Running Cost

Petrol Price ₹101.3/Litre

Monthly Running 750 KMs

Monthly Maintenance ₹1,294

Total Monthly Expense

₹43,914/Month

Loan Amount Breakdown

Downpayment₹2,09,536

RTO New Delhi₹1,90,153

Insurance₹47,814

Loan Amount₹18,85,821

Your estimated EMI is ₹38,328 per month for 60 installments over 5 years. Total interest payable is approximately ₹4,13,857.

EMI Recommendation

Your Monthly Take Home Income in ₹

Not AdvisableYour monthly EMI will be around ₹38,328, which is about 76.66% of your monthly take home salary. It is not financially advisable to purchase the Kia Seltos GTX X-Line iVT 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