Car Affordability Calculator
Check whether a car fits your salary the way a money app would: down payment, EMI, fuel, and leftover cash. Banks approve loans. This tool tells you if you should say yes.
Car Affordability Calculator
Price the deal, add your salary, and get a clear buy verdict.
1. The deal
What are you buying?
₹12,00,000
Use L or Cr shortcuts. Aim for 30% down if you can.
2. Income
Monthly take-home
3. Loan
How will you finance it?
Tenure: 60 months (5 yrs)
4. Stance
How hard do you want to push?
5. Ownership
Running costs
Fuel, service, insurance, and parking. Banks ignore these. You should not.
Purchase verdict
Finish steps 1 to 4 (deal, income, loan, and stance) to see whether this car fits.
How the rules work
Down payment: prefer 30% of on-road price (floor 20%).
Your max car price is the lowest of: EMI room after other loans, 30% down on this cash, all-in ownership within 30% of income, and 30% salary left after the car.
EMI uses your stance cap (20% of take-home after other EMIs), not a bank approval number.