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 HTE EMI

Front perspective of a dark grey Seltos HTX (O) on a yellow background.

PetrolFuel Type

17.7 Km/LFuel Efficiency

1,497 ccDisplacement

Price Breakup

New Delhi

Ex-Showroom Price:₹10,99,000

RTO:₹1,13,637

Insurance:₹30,223

Others:₹10,990

On-Road Price:₹12,53,850

EMI

Down Payment Amount ₹ 1,25,385

Interest Rate 8.1%

Tenure 5 Years

Running Cost

Petrol Price ₹101.3/Litre

Monthly Running 750 KMs

Monthly Maintenance ₹788

Total Monthly Expense

₹28,015/Month

Loan Amount Breakdown

Downpayment₹1,25,385

RTO New Delhi₹1,13,637

Insurance₹30,223

Loan Amount₹11,28,465

Your estimated EMI is ₹22,935 per month for 60 installments over 5 years. Total interest payable is approximately ₹2,47,650.

EMI Recommendation

Your Monthly Take Home Income in ₹

Very RiskyYour monthly EMI will be around ₹22,935, which is about 45.87% of your monthly take home salary. Financing the Kia Seltos HTE at this level could place considerable pressure on your monthly budget. Consider a higher down payment, longer tenure, or a more affordable model.

Value after 5 Years

Time Period5 Years

Kilometers75,000 KMs

ConditionGood

Value after 5 Years