Car Loan Planner
Work out the true cost of buying a car on credit in Kenya: deposit, amount financed on reducing balance, plus insurance, fuel and maintenance. Instant month-by-month schedule and affordability check. Results are estimates only.
Paste your take-home pay, then subtract living costs and your desired saving. What remains must cover the full monthly motoring cost, not just the EMI.
Reducing-balance car loan. Amount financed = cash price − deposit − trade-in + fees rolled into the loan.
Month-by-month schedule
| Month | Payment | Principal | Interest | Left to pay |
|---|
What-if result
| Amount financed | |
|---|---|
| Cash needed upfront | |
| Monthly repayment (EMI) | |
| True monthly motoring cost | |
| Total interest | |
| Total payable (loan) | |
| Affordable for motoring | |
| Surplus / shortfall | |
| Payoff month |
Highlights
Copy the EMI into Take-Home → Staff Loan Repayment to check net salary, then return here to re-test. Land and home calculators will follow the same pattern.