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Loan EMI Calculator Nepal 2083/84 — Home, Car & Personal Loans

Calculator Engine

Result Summary

Monthly Installment (EMI)
Rs. 11,682
15 Years of Repayment
Total Interest
Rs. 11,02,742
Total Payable
Rs. 21,02,742

Loan Architecture Breakdown

Principal
Interest
Total CostRs. 21,02,742
Principal47.6%
Interest52.4%

Repayment Trajectory

Visualizing the transition from interest-heavy to principal-heavy payments over the first 12 months.

Full Amortization Table

Scroll to view all 180 months
PeriodEMIPrincipalInterestBalance
Month 1Rs. 11,682Rs. 2,099Rs. 9,583Rs. 9,97,901
Month 2Rs. 11,682Rs. 2,119Rs. 9,563Rs. 9,95,783
Month 3Rs. 11,682Rs. 2,139Rs. 9,543Rs. 9,93,643
Month 4Rs. 11,682Rs. 2,160Rs. 9,522Rs. 9,91,484
Month 5Rs. 11,682Rs. 2,180Rs. 9,502Rs. 9,89,304
Month 6Rs. 11,682Rs. 2,201Rs. 9,481Rs. 9,87,102
Month 7Rs. 11,682Rs. 2,222Rs. 9,460Rs. 9,84,880
Month 8Rs. 11,682Rs. 2,244Rs. 9,438Rs. 9,82,637
Month 9Rs. 11,682Rs. 2,265Rs. 9,417Rs. 9,80,372
Month 10Rs. 11,682Rs. 2,287Rs. 9,395Rs. 9,78,085
Month 11Rs. 11,682Rs. 2,309Rs. 9,373Rs. 9,75,776
Month 12Rs. 11,682Rs. 2,331Rs. 9,351Rs. 9,73,445
Month 13Rs. 11,682Rs. 2,353Rs. 9,329Rs. 9,71,092
Month 14Rs. 11,682Rs. 2,376Rs. 9,306Rs. 9,68,716
Month 15Rs. 11,682Rs. 2,398Rs. 9,284Rs. 9,66,318
Month 16Rs. 11,682Rs. 2,421Rs. 9,261Rs. 9,63,896
Month 17Rs. 11,682Rs. 2,445Rs. 9,237Rs. 9,61,452
Month 18Rs. 11,682Rs. 2,468Rs. 9,214Rs. 9,58,984
Month 19Rs. 11,682Rs. 2,492Rs. 9,190Rs. 9,56,492
Month 20Rs. 11,682Rs. 2,516Rs. 9,166Rs. 9,53,976
Month 21Rs. 11,682Rs. 2,540Rs. 9,142Rs. 9,51,437
Month 22Rs. 11,682Rs. 2,564Rs. 9,118Rs. 9,48,873
Month 23Rs. 11,682Rs. 2,589Rs. 9,093Rs. 9,46,284
Month 24Rs. 11,682Rs. 2,613Rs. 9,069Rs. 9,43,671
Month 25Rs. 11,682Rs. 2,638Rs. 9,044Rs. 9,41,032
Month 26Rs. 11,682Rs. 2,664Rs. 9,018Rs. 9,38,368
Month 27Rs. 11,682Rs. 2,689Rs. 8,993Rs. 9,35,679
Month 28Rs. 11,682Rs. 2,715Rs. 8,967Rs. 9,32,964
Month 29Rs. 11,682Rs. 2,741Rs. 8,941Rs. 9,30,223
Month 30Rs. 11,682Rs. 2,767Rs. 8,915Rs. 9,27,455
Month 31Rs. 11,682Rs. 2,794Rs. 8,888Rs. 9,24,662
Month 32Rs. 11,682Rs. 2,821Rs. 8,861Rs. 9,21,841
Month 33Rs. 11,682Rs. 2,848Rs. 8,834Rs. 9,18,993
Month 34Rs. 11,682Rs. 2,875Rs. 8,807Rs. 9,16,118
Month 35Rs. 11,682Rs. 2,903Rs. 8,779Rs. 9,13,216
Month 36Rs. 11,682Rs. 2,930Rs. 8,752Rs. 9,10,285
Month 37Rs. 11,682Rs. 2,958Rs. 8,724Rs. 9,07,327
Month 38Rs. 11,682Rs. 2,987Rs. 8,695Rs. 9,04,340
Month 39Rs. 11,682Rs. 3,015Rs. 8,667Rs. 9,01,325
Month 40Rs. 11,682Rs. 3,044Rs. 8,638Rs. 8,98,280
Month 41Rs. 11,682Rs. 3,073Rs. 8,609Rs. 8,95,207
Month 42Rs. 11,682Rs. 3,103Rs. 8,579Rs. 8,92,104
Month 43Rs. 11,682Rs. 3,133Rs. 8,549Rs. 8,88,971
Month 44Rs. 11,682Rs. 3,163Rs. 8,519Rs. 8,85,809
Month 45Rs. 11,682Rs. 3,193Rs. 8,489Rs. 8,82,616
Month 46Rs. 11,682Rs. 3,224Rs. 8,458Rs. 8,79,392
Month 47Rs. 11,682Rs. 3,254Rs. 8,428Rs. 8,76,137
Month 48Rs. 11,682Rs. 3,286Rs. 8,396Rs. 8,72,852
Month 49Rs. 11,682Rs. 3,317Rs. 8,365Rs. 8,69,535
Month 50Rs. 11,682Rs. 3,349Rs. 8,333Rs. 8,66,186
Month 51Rs. 11,682Rs. 3,381Rs. 8,301Rs. 8,62,805
Month 52Rs. 11,682Rs. 3,413Rs. 8,269Rs. 8,59,391
Month 53Rs. 11,682Rs. 3,446Rs. 8,236Rs. 8,55,945
Month 54Rs. 11,682Rs. 3,479Rs. 8,203Rs. 8,52,466
Month 55Rs. 11,682Rs. 3,513Rs. 8,169Rs. 8,48,953
Month 56Rs. 11,682Rs. 3,546Rs. 8,136Rs. 8,45,407
Month 57Rs. 11,682Rs. 3,580Rs. 8,102Rs. 8,41,827
Month 58Rs. 11,682Rs. 3,614Rs. 8,068Rs. 8,38,212
Month 59Rs. 11,682Rs. 3,649Rs. 8,033Rs. 8,34,563
Month 60Rs. 11,682Rs. 3,684Rs. 7,998Rs. 8,30,879
Month 61Rs. 11,682Rs. 3,719Rs. 7,963Rs. 8,27,160
Month 62Rs. 11,682Rs. 3,755Rs. 7,927Rs. 8,23,405
Month 63Rs. 11,682Rs. 3,791Rs. 7,891Rs. 8,19,614
Month 64Rs. 11,682Rs. 3,827Rs. 7,855Rs. 8,15,786
Month 65Rs. 11,682Rs. 3,864Rs. 7,818Rs. 8,11,922
Month 66Rs. 11,682Rs. 3,901Rs. 7,781Rs. 8,08,021
Month 67Rs. 11,682Rs. 3,938Rs. 7,744Rs. 8,04,083
Month 68Rs. 11,682Rs. 3,976Rs. 7,706Rs. 8,00,107
Month 69Rs. 11,682Rs. 4,014Rs. 7,668Rs. 7,96,092
Month 70Rs. 11,682Rs. 4,053Rs. 7,629Rs. 7,92,039
Month 71Rs. 11,682Rs. 4,092Rs. 7,590Rs. 7,87,948
Month 72Rs. 11,682Rs. 4,131Rs. 7,551Rs. 7,83,817
Month 73Rs. 11,682Rs. 4,170Rs. 7,512Rs. 7,79,647
Month 74Rs. 11,682Rs. 4,210Rs. 7,472Rs. 7,75,436
Month 75Rs. 11,682Rs. 4,251Rs. 7,431Rs. 7,71,185
Month 76Rs. 11,682Rs. 4,291Rs. 7,391Rs. 7,66,894
Month 77Rs. 11,682Rs. 4,333Rs. 7,349Rs. 7,62,561
Month 78Rs. 11,682Rs. 4,374Rs. 7,308Rs. 7,58,187
Month 79Rs. 11,682Rs. 4,416Rs. 7,266Rs. 7,53,771
Month 80Rs. 11,682Rs. 4,458Rs. 7,224Rs. 7,49,313
Month 81Rs. 11,682Rs. 4,501Rs. 7,181Rs. 7,44,812
Month 82Rs. 11,682Rs. 4,544Rs. 7,138Rs. 7,40,268
Month 83Rs. 11,682Rs. 4,588Rs. 7,094Rs. 7,35,680
Month 84Rs. 11,682Rs. 4,632Rs. 7,050Rs. 7,31,048
Month 85Rs. 11,682Rs. 4,676Rs. 7,006Rs. 7,26,372
Month 86Rs. 11,682Rs. 4,721Rs. 6,961Rs. 7,21,651
Month 87Rs. 11,682Rs. 4,766Rs. 6,916Rs. 7,16,885
Month 88Rs. 11,682Rs. 4,812Rs. 6,870Rs. 7,12,073
Month 89Rs. 11,682Rs. 4,858Rs. 6,824Rs. 7,07,215
Month 90Rs. 11,682Rs. 4,905Rs. 6,777Rs. 7,02,310
Month 91Rs. 11,682Rs. 4,952Rs. 6,730Rs. 6,97,359
Month 92Rs. 11,682Rs. 4,999Rs. 6,683Rs. 6,92,360
Month 93Rs. 11,682Rs. 5,047Rs. 6,635Rs. 6,87,313
Month 94Rs. 11,682Rs. 5,095Rs. 6,587Rs. 6,82,218
Month 95Rs. 11,682Rs. 5,144Rs. 6,538Rs. 6,77,074
Month 96Rs. 11,682Rs. 5,193Rs. 6,489Rs. 6,71,880
Month 97Rs. 11,682Rs. 5,243Rs. 6,439Rs. 6,66,637
Month 98Rs. 11,682Rs. 5,293Rs. 6,389Rs. 6,61,344
Month 99Rs. 11,682Rs. 5,344Rs. 6,338Rs. 6,56,000
Month 100Rs. 11,682Rs. 5,395Rs. 6,287Rs. 6,50,604
Month 101Rs. 11,682Rs. 5,447Rs. 6,235Rs. 6,45,157
Month 102Rs. 11,682Rs. 5,499Rs. 6,183Rs. 6,39,658
Month 103Rs. 11,682Rs. 5,552Rs. 6,130Rs. 6,34,106
Month 104Rs. 11,682Rs. 5,605Rs. 6,077Rs. 6,28,501
Month 105Rs. 11,682Rs. 5,659Rs. 6,023Rs. 6,22,842
Month 106Rs. 11,682Rs. 5,713Rs. 5,969Rs. 6,17,129
Month 107Rs. 11,682Rs. 5,768Rs. 5,914Rs. 6,11,361
Month 108Rs. 11,682Rs. 5,823Rs. 5,859Rs. 6,05,538
Month 109Rs. 11,682Rs. 5,879Rs. 5,803Rs. 5,99,659
Month 110Rs. 11,682Rs. 5,935Rs. 5,747Rs. 5,93,724
Month 111Rs. 11,682Rs. 5,992Rs. 5,690Rs. 5,87,732
Month 112Rs. 11,682Rs. 6,050Rs. 5,632Rs. 5,81,682
Month 113Rs. 11,682Rs. 6,108Rs. 5,574Rs. 5,75,575
Month 114Rs. 11,682Rs. 6,166Rs. 5,516Rs. 5,69,408
Month 115Rs. 11,682Rs. 6,225Rs. 5,457Rs. 5,63,183
Month 116Rs. 11,682Rs. 6,285Rs. 5,397Rs. 5,56,898
Month 117Rs. 11,682Rs. 6,345Rs. 5,337Rs. 5,50,553
Month 118Rs. 11,682Rs. 6,406Rs. 5,276Rs. 5,44,148
Month 119Rs. 11,682Rs. 6,467Rs. 5,215Rs. 5,37,680
Month 120Rs. 11,682Rs. 6,529Rs. 5,153Rs. 5,31,151
Month 121Rs. 11,682Rs. 6,592Rs. 5,090Rs. 5,24,559
Month 122Rs. 11,682Rs. 6,655Rs. 5,027Rs. 5,17,904
Month 123Rs. 11,682Rs. 6,719Rs. 4,963Rs. 5,11,186
Month 124Rs. 11,682Rs. 6,783Rs. 4,899Rs. 5,04,402
Month 125Rs. 11,682Rs. 6,848Rs. 4,834Rs. 4,97,554
Month 126Rs. 11,682Rs. 6,914Rs. 4,768Rs. 4,90,641
Month 127Rs. 11,682Rs. 6,980Rs. 4,702Rs. 4,83,660
Month 128Rs. 11,682Rs. 7,047Rs. 4,635Rs. 4,76,614
Month 129Rs. 11,682Rs. 7,114Rs. 4,568Rs. 4,69,499
Month 130Rs. 11,682Rs. 7,183Rs. 4,499Rs. 4,62,316
Month 131Rs. 11,682Rs. 7,251Rs. 4,431Rs. 4,55,065
Month 132Rs. 11,682Rs. 7,321Rs. 4,361Rs. 4,47,744
Month 133Rs. 11,682Rs. 7,391Rs. 4,291Rs. 4,40,353
Month 134Rs. 11,682Rs. 7,462Rs. 4,220Rs. 4,32,891
Month 135Rs. 11,682Rs. 7,533Rs. 4,149Rs. 4,25,358
Month 136Rs. 11,682Rs. 7,606Rs. 4,076Rs. 4,17,752
Month 137Rs. 11,682Rs. 7,679Rs. 4,003Rs. 4,10,073
Month 138Rs. 11,682Rs. 7,752Rs. 3,930Rs. 4,02,321
Month 139Rs. 11,682Rs. 7,826Rs. 3,856Rs. 3,94,495
Month 140Rs. 11,682Rs. 7,901Rs. 3,781Rs. 3,86,593
Month 141Rs. 11,682Rs. 7,977Rs. 3,705Rs. 3,78,616
Month 142Rs. 11,682Rs. 8,054Rs. 3,628Rs. 3,70,563
Month 143Rs. 11,682Rs. 8,131Rs. 3,551Rs. 3,62,432
Month 144Rs. 11,682Rs. 8,209Rs. 3,473Rs. 3,54,223
Month 145Rs. 11,682Rs. 8,287Rs. 3,395Rs. 3,45,936
Month 146Rs. 11,682Rs. 8,367Rs. 3,315Rs. 3,37,569
Month 147Rs. 11,682Rs. 8,447Rs. 3,235Rs. 3,29,122
Month 148Rs. 11,682Rs. 8,528Rs. 3,154Rs. 3,20,594
Month 149Rs. 11,682Rs. 8,610Rs. 3,072Rs. 3,11,984
Month 150Rs. 11,682Rs. 8,692Rs. 2,990Rs. 3,03,292
Month 151Rs. 11,682Rs. 8,775Rs. 2,907Rs. 2,94,517
Month 152Rs. 11,682Rs. 8,860Rs. 2,822Rs. 2,85,657
Month 153Rs. 11,682Rs. 8,944Rs. 2,738Rs. 2,76,713
Month 154Rs. 11,682Rs. 9,030Rs. 2,652Rs. 2,67,683
Month 155Rs. 11,682Rs. 9,117Rs. 2,565Rs. 2,58,566
Month 156Rs. 11,682Rs. 9,204Rs. 2,478Rs. 2,49,362
Month 157Rs. 11,682Rs. 9,292Rs. 2,390Rs. 2,40,070
Month 158Rs. 11,682Rs. 9,381Rs. 2,301Rs. 2,30,688
Month 159Rs. 11,682Rs. 9,471Rs. 2,211Rs. 2,21,217
Month 160Rs. 11,682Rs. 9,562Rs. 2,120Rs. 2,11,655
Month 161Rs. 11,682Rs. 9,654Rs. 2,028Rs. 2,02,001
Month 162Rs. 11,682Rs. 9,746Rs. 1,936Rs. 1,92,255
Month 163Rs. 11,682Rs. 9,840Rs. 1,842Rs. 1,82,416
Month 164Rs. 11,682Rs. 9,934Rs. 1,748Rs. 1,72,482
Month 165Rs. 11,682Rs. 10,029Rs. 1,653Rs. 1,62,453
Month 166Rs. 11,682Rs. 10,125Rs. 1,557Rs. 1,52,328
Month 167Rs. 11,682Rs. 10,222Rs. 1,460Rs. 1,42,105
Month 168Rs. 11,682Rs. 10,320Rs. 1,362Rs. 1,31,785
Month 169Rs. 11,682Rs. 10,419Rs. 1,263Rs. 1,21,366
Month 170Rs. 11,682Rs. 10,519Rs. 1,163Rs. 1,10,847
Month 171Rs. 11,682Rs. 10,620Rs. 1,062Rs. 1,00,228
Month 172Rs. 11,682Rs. 10,721Rs. 961Rs. 89,506
Month 173Rs. 11,682Rs. 10,824Rs. 858Rs. 78,682
Month 174Rs. 11,682Rs. 10,928Rs. 754Rs. 67,754
Month 175Rs. 11,682Rs. 11,033Rs. 649Rs. 56,721
Month 176Rs. 11,682Rs. 11,138Rs. 544Rs. 45,583
Month 177Rs. 11,682Rs. 11,245Rs. 437Rs. 34,338
Month 178Rs. 11,682Rs. 11,353Rs. 329Rs. 22,985
Month 179Rs. 11,682Rs. 11,462Rs. 220Rs. 11,523
Month 180Rs. 11,682Rs. 11,572Rs. 110Rs. 0

How to use

  • 1. Principal Initialization: Input the exact total loan amount (Principal) approved by your financial institution.
  • 2. Rate Configuration: Enter the annual interest rate. Note: In Nepal, this is typically 'Base Rate + Spread'.
  • 3. Tenure Allocation: Define the repayment horizon in years or months. Personal loans usually cap at 5 years, while auto loans extend to 7-8 years.
  • 4. Precise Check: View the generated monthly EMI and the total interest liability over the loan's lifecycle.
  • 5. Amortization Decomposition: Review the year-by-year breakdown to see how your principal decays over time.
  • 6. Prepayment Simulation: Calculate how extra monthly contributions toward the principal can drastically reduce your tenure.
  • 7. Swap Analysis: Use the results to compare your current bank's rate against competing 'Loan Swap' offers.
  • 8. Cash Flow Synchronization: Ensure the calculated EMI does not exceed 50% of your verifiable monthly income (NRB DTI ratio).

The Actuarial EMI Principle (Reducing Balance Model)

Mandated by Nepal Rastra Bank for all A, B, and C class institutions, the reducing balance method ensures interest is only paid on the outstanding debt, not the original principal.

EMI = [P x R x (1+R)^N] / [(1+R)^N - 1]

P = Principal: The outstanding loan balance at the start of the month.

R = Monthly Interest Rate: Annual Percentage Rate (APR) divided by 12 and 100.

N = Number of Installments: The total remaining months in the loan tenure.

Worked Example (Auto Loan Standard):

Principal: Rs. 20,00,000 | Interest: 11% | Tenure: 7 Years (84 Months)

R = 11 / 12 / 100 = 0.009166

EMI Result: Rs. 34,258 per month

Total Interest: Rs. 8,77,672 over the full term.

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Frequently Asked Questions

Yes, you can prepay your loan. Under NRB guidelines, banks may charge a small prepayment penalty (usually 0.5% to 1%) if the loan is closed within the first few years. Check your specific loan agreement for the exact 'Lock-in' period.
Most loans in Nepal are linked to the bank's Base Rate. If the Base Rate increases due to market liquidity shifts, your interest rate increases. The bank may either increase your EMI amount or, more commonly, extend your loan tenure.
For private vehicles, the maximum tenure is usually 7 years. For electric vehicles (EVs), banks often offer more flexible terms and lower interest spreads as part of the government's green energy initiative.
Fixed rates provide certainty but are usually 1-2% higher than the current floating rate. Floating rates are cheaper initially but carry the risk of significant increases if the banking system faces a liquidity crunch.
During a grace period (moratorium), you typically pay only the interest component. The EMI starts after the grace period ends, calculated on the full principal. This is common for education and construction loans.
For residential housing within the Kathmandu Valley, the Loan-to-Value (LTV) ratio is capped at 50%. Outside the valley, it can be up to 60%. First-time home buyers may receive higher limits under specific NRB schemes.