EMI Calculator
PopularCalculate monthly EMI, total interest and amortization for NPR/INR loans
1. Enter Loan Details
2. Prepayment / Extra Payment Planner
Want to pay off your loan faster? Add extra monthly or lump-sum payments to see how much interest you save!
When you borrow Rs. 10,00,000 at 11.5% for 5 years, you pay Rs. 21,993 every month.
Over the entire loan period, for every Rs. 100 you pay to the bank, Rs. 76 goes towards repaying your original loan, and Rs. 24 is the bank interest fee.
Real Loan Repayment Timeline & Remaining Balance
See how your loan balance decreases over time and how principal vs interest shifts each year.
About EMI Calculator
EMI Calculator computes Equated Monthly Installments (EMI), total interest payable, and full loan payoff schedules for home loans, auto loans, and personal loans in Nepal.
Input principal loan amount in NPR, interest rate %, and loan tenure in years or months to view instant payment breakdowns and amortization schedules.
Common Use Cases
- Estimating monthly loan repayments for bank housing loans and vehicle blue book finance in Nepal
- Comparing total interest costs between 10-year vs 15-year loan tenures
- Viewing year-by-year principal reduction vs interest payouts
How to Use EMI Calculator
- Enter Principal Loan Amount in NPR (e.g. 50,00,000).
- Enter annual Interest Rate % quoted by bank.
- Set loan tenure in Years or Months to view monthly EMI and amortization schedule.
Real-World Examples
Principal: NPR 50,00,000 | Interest: 10.5% | Tenure: 15 YearsMonthly EMI: NPR 55,270 | Total Interest: NPR 49,48,600Important Notes & Limitations
- Calculates standard reducing balance EMI; excludes optional bank processing fees or insurance premiums
Privacy & Data Security
EMI Calculator processes all operations 100% locally in your web browser memory. Your files, text snippets, and generated outputs are never stored, logged, or uploaded to any remote server.
Frequently Asked Questions
EMI is calculated using: EMI = [P x R x (1+R)^N]/[(1+R)^N-1], where P is principal, R is monthly interest rate, and N is tenure in months.
Yes, the detailed amortization table shows how interest decreases and principal repayment grows over time.
Yes, input loan rates quoted by Nepalese commercial banks to estimate exact monthly installment costs.
Yes, toggle tenure input between Years and Months for short-term or multi-year loans.