EMI Calculator
Calculate equated monthly installments, total interest and total outflow for a Nepal or any-currency reducing-balance loan.
Estimates only — not professional financial, medical, legal or engineering advice. Read full disclaimer.
Result
Fill in the form and click Calculate to see your result here.
How it's calculated
EMI = P × r × (1+r)^n / ((1+r)^n − 1), where r is monthly rate and n is months. Total interest = EMI×n − P.
Example
Example: EMI Calculator
Inputs
- Loan Amount: 1000000
- Annual Interest Rate: 8.5
- Tenure Years: 20
Outputs
- Monthly Emi: 8678.23
- Total Interest: 1082775.76
- Total Payment: 2082775.76
This example uses typical sample values. Adjust the inputs above to see how the results change for your own numbers.
About this calculator
Banks quote EMI so the reducing-balance formula stays hidden. This calculator computes EMI, total interest and total payment from principal, annual rate and tenure so two offers can be compared on equal maths.
A longer tenure lowers EMI but usually raises lifetime interest. Processing fees, insurance and prepayment penalties are often outside EMI — read the sanction letter. NPR vs foreign currency only matters as the numbers you type; the formula is the same.
Example mindset: NPR 50 lakh at 10% for 20 years is a different household than the same principal at 12% for 15 years. Run both before you sign.