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 HTK Opt TGDi iMT EMI

: Front three-quarter view of a white Kia Seltos HTK variant on a yellow background, highlighting the "Tiger Nose" grille.

PetrolFuel Type

16 Km/LFuel Efficiency

1,482 ccDisplacement

Price Breakup

New Delhi

Ex-Showroom Price:₹14,99,000

RTO:₹1,54,997

Insurance:₹41,223

Others:₹14,990

On-Road Price:₹17,10,210

EMI

Down Payment Amount ₹ 1,71,021

Interest Rate 8.1%

Tenure 5 Years

Running Cost

Petrol Price ₹101.3/Litre

Monthly Running 750 KMs

Monthly Maintenance ₹956

Total Monthly Expense

₹36,987/Month

Loan Amount Breakdown

Downpayment₹1,71,021

RTO New Delhi₹1,54,997

Insurance₹41,223

Loan Amount₹15,39,189

Your estimated EMI is ₹31,283 per month for 60 installments over 5 years. Total interest payable is approximately ₹3,37,786.

EMI Recommendation

Your Monthly Take Home Income in ₹

CriticalYour monthly EMI will be around ₹31,283, which is about 62.57% of your monthly take home salary. This is well beyond a financially comfortable limit. Buying the Kia Seltos HTK Opt TGDi iMT 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