EMI / Loan Calculator
How much, at what rate, for how long — see your monthly instalment, total interest and full repayment schedule.
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Examples only — rates vary by bank and over time.
Monthly EMI
Rs. 22,244.45
for 60 months
Total interest
Rs. 3,34,666.80
Total payment
Rs. 13,34,666.80
Repayment schedule
| Year | Principal paid | Interest paid | Balance |
|---|---|---|---|
| 1 | Rs. 1,55,290.26 | Rs. 1,11,643.14 | Rs. 8,44,709.74 |
| 2 | Rs. 1,74,984.98 | Rs. 91,948.42 | Rs. 6,69,724.76 |
| 3 | Rs. 1,97,177.44 | Rs. 69,755.96 | Rs. 4,72,547.32 |
| 4 | Rs. 2,22,184.49 | Rs. 44,748.91 | Rs. 2,50,362.83 |
| 5 | Rs. 2,50,362.83 | Rs. 16,570.37 | Rs. 0.00 |
Estimates use the standard reducing-balance method. Bank fees, insurance and rate changes can change your actual instalment — confirm with your bank before borrowing.
Frequently asked questions
What is an EMI?
An EMI (Equated Monthly Instalment) is the fixed amount you pay each month until the loan is repaid. Early instalments are mostly interest; the principal share grows over time.
How is EMI calculated?
EMI = P × r × (1+r)ⁿ ÷ ((1+r)ⁿ − 1), where P is the loan amount, r is the monthly rate (annual rate ÷ 12 ÷ 100) and n is the number of months.
How are loan interest rates set in Nepal?
Most banks price loans as their base rate plus a premium. The base rate follows the bank's cost of funds and is revised periodically, so a floating-rate loan's instalment can go up or down during the tenure. Ask your bank for its current rates.
Does prepaying my loan help?
Paying down principal early reduces the interest charged afterwards — either your EMI falls or the tenure gets shorter. Some banks charge a prepayment fee, so check your loan agreement.