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Smart Financial Calculators

Car Down Payment SIP Calculator

Build your car down payment fund through systematic investment planning.

Auto Finance
Smart Savings
Goal-based Investment
Down Payment Fund

Save for car down payment and purchase expenses

₹
₹1L₹2Cr
₹
₹0₹15.00 L
years
1 year50 years
%
5%20%
%
2%15%
Today's Value:₹15.00 L
Future Value:₹47.58 L

Required Monthly SIP

₹0

Goal may not be achieved with current settings

Car Loan Down Payment

Risk Profile: conservative

Total Invested
₹0
Estimated Returns
₹0
Maturity Amount
₹0
Consider increasing SIP or investment period

Goal vs Achievement

Target Amount₹47.58 L
Expected Amount₹0
Surplus/Deficit₹-47,58,254

Goal Achievement Chart

Track your progress towards your goal

Goal Amount
₹3,00,000
Maturity Amount
₹3,00,000
Goal achieved!
Achievement Timeline
Year 3
With current plan
Investment Growth Over Time
Invested
Value
Goal
Year 0
₹0K
Year 1
₹1.0L
Year 2
₹2.1L
Year 3
₹3.3L

Key Insights

Total Returns:₹12,000
Return Percentage:4.2%
Monthly SIP:₹8,000
Investment Period:3 years
Year-wise SIP Breakdown

Detailed annual progress of your SIP investment journey

Year
Monthly SIP
Annual Investment
Cumulative Investment
Portfolio Value
Annual Returns
Total Returns
2025
₹8,000
₹96,000
₹96,000
₹99,360
+₹3,360
₹3,360
2026
₹8,000
₹96,000
₹1,92,000
₹2,05,675
+₹10,315
₹13,675
2027
₹8,000
₹96,000
₹2,88,000
₹3,19,432
+₹17,757
₹31,432
Financial Milestones

Track your journey to key financial goals

₹1 Lakh
Year 2
₹5 Lakh
Beyond timeline
₹10 Lakh
Beyond timeline
₹25 Lakh
Beyond timeline
Progress Summary

1 out of 6 milestones achieved in 3 years

Investment Performance

Key metrics of your SIP investment

Expected Annual Return

7%
Compounded annually

Wealth Multiplier

1.0x
Your money grows by this factor

Returns vs Investment

4%
Returns as % of total investment
Lower EMI Burden
Higher down payment reduces loan amount and EMI. Save 20-30% of car value for optimal loan terms.
Better Interest Rates
Banks offer lower interest rates with higher down payment. Plan 2-5 years ahead for your dream car.
Instant Loan Approval
Higher down payment shows financial stability and increases chances of quick loan approval.
Car Purchase Planning in India

Car Buying Cost Breakdown

  • Ex-showroom Price: 85-90% of total cost
  • Registration & Insurance: 8-12%
  • Accessories & Extended Warranty: 3-5%
  • Processing Fees: 0.5-1% of loan amount

Smart Down Payment Strategy

  • Save 20-30% of car value as down payment
  • Start SIP 2-5 years before planned purchase
  • Consider car price appreciation of 3-5% annually
  • Keep buffer for additional costs and accessories

Car Price Ranges in India (2024)

Hatchback

₹4-8 Lakhs

Down Payment: ₹1-2.4 Lakhs

Sedan/SUV

₹8-15 Lakhs

Down Payment: ₹2.4-4.5 Lakhs

Premium

₹15-30 Lakhs

Down Payment: ₹4.5-9 Lakhs

Luxury

₹30+ Lakhs

Down Payment: ₹9+ Lakhs

Frequently Asked Questions

Find answers to common questions about goal-based SIP planning and financial planning strategies.

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