Loan tool
EMI Calculator (Nepal)
किस्ता (EMI) क्याल्कुलेटर
Work out the monthly instalment, total interest and repayment schedule for a loan in Nepali rupees.
■ Principal ■ Interest
Month-by-month repayment schedule
| Month | Principal | Interest | Balance |
|---|
How the EMI is calculated
This calculator uses the standard reducing-balance formula: EMI = P × r × (1 + r)n ÷ ((1 + r)n − 1), where P is the loan amount, r is the monthly rate (yearly rate ÷ 12 ÷ 100) and n is the number of months. Each month part of the payment covers interest on the remaining balance and the rest reduces the principal, so interest falls over time.
Estimate only. Banks and finance companies in Nepal may charge processing fees, use floating rates that change over time, or calculate interest differently (for example daily or quarterly). Your lender's loan schedule is the one that counts. This page is not financial advice.
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Frequently asked questions
What is an EMI?
EMI stands for equated monthly instalment: the fixed amount you pay every month to repay a loan with interest over the chosen period.
Does this work for a home loan, car loan or personal loan?
Yes. Enter the loan amount, the yearly interest rate and the period. The same reducing-balance formula applies to most instalment loans.
Why is my bank's EMI slightly different?
Banks may round differently, add fees or insurance, use a floating rate or start interest from a different date. Use this result as an estimate and ask the lender for the official schedule.
What happens if the rate is 0%?
The loan amount is simply divided equally over the number of months.
Is anything sent to a server?
No. All calculations are done in your browser.