Free Tool
EMI Calculator
Calculate monthly loan installments, total interest, and full payment schedule for your home loan in Nepal.
Loan Details
NPR
NPR 0
Amortization Schedule (first 12 months)
| # | EMI | Principal | Interest | Balance |
|---|---|---|---|---|
Monthly EMI
NPR 0
Loan Amount
Total Interest
Total Payment
Rate:
Tenure:
Down:
Payment Breakdown
Principal
Interest
Principal —
Interest —
Yearly Summary
| Year | EMI Paid | Principal Paid | Interest Paid | Remaining |
|---|---|---|---|---|
What is EMI?
Equated Monthly Installment (EMI) is the fixed monthly payment you make to repay a loan. It includes both principal repayment and interest.
How EMI is Calculated
EMI is calculated using the formula: EMI = [P × r × (1+r)ⁿ] / [(1+r)ⁿ-1], where P is the loan amount, r is monthly interest rate, and n is the number of monthly installments.
Nepal Bank Rates
Current mortgage interest rates in Nepal range from 8% to 14% depending on the bank, loan type, and your credit profile. Compare offers from multiple banks.
Calculations are estimates only. Actual EMI may vary based on bank policies, processing fees, and applicable taxes.