Car Affordability
Car affordability calculator based on salary
Estimate a comfortable car budget using your salary, existing EMIs, down payment, car loan rate, and tenure.
Calculator
What car budget is comfortable?
Formula
Keep car EMI inside salary comfort
A car is a depreciating purchase, so this calculator keeps the EMI more conservative than a home loan budget.
Car budget = Down payment + Loan supported by comfortable car EMI
FAQ
What car EMI is safe?
Many salaried users keep car EMI around 10% to 15% of take-home salary, especially if they already have other goals.
Does this include running costs?
No. Fuel, insurance, service, parking, and repairs should be planned separately.