Car ka EMI, total cost, depreciation aur underwater risk ā sab ek jagah
Year-wise breakup of your car loan
| Year | EMI Paid | Principal | Interest | Balance | % Paid |
|---|
Car value vs outstanding ā are you underwater?
| Year | Car Value | Depreciation | Loan Balance | Equity | Status |
|---|
Jab aapki car ki current value aapke baaki loan se kam ho jaaye ā matlab agar aap car becho toh bhi loan nahi chukaa paoge. Car loan mein yeh bahut common hai ā especially first 2-3 years mein. Tip: Zyada down payment do taaki underwater phase short ho, aur longer tenure avoid karo.
| Year | EMI+Extra | Principal | Interest | Prepay | Balance |
|---|
Log sirf EMI dekhte hain, but car ka real cost = Down Payment + EMI + Interest + Insurance + Fuel + Maintenance ā Resale Value. Ek ā¹12L car ka 5 saal mein actual cost ā¹15-20L+ ho sakta hai! Monthly effective cost calculate karna zaroori hai before buying.
Same car, same rate ā tenure changes everything!
| Tenure | EMI | Total Interest | Total Payment | Int/Loan % |
|---|