Loan EMI Calculator
Enter the loan amount, yearly interest rate and term. See the monthly installment, total interest and a year-by-year breakdown.
Monthly installment
৳ 22,244
Total interest
৳ 3,34,667
Total payment
৳ 13,34,667
Number of installments
60
Year by year
| Year | Principal paid | Interest | Balance |
|---|---|---|---|
| 1 | ৳ 1,55,290 | ৳ 1,11,643 | ৳ 8,44,710 |
| 2 | ৳ 1,74,985 | ৳ 91,948 | ৳ 6,69,725 |
| 3 | ৳ 1,97,177 | ৳ 69,756 | ৳ 4,72,547 |
| 4 | ৳ 2,22,184 | ৳ 44,749 | ৳ 2,50,363 |
| 5 | ৳ 2,50,363 | ৳ 16,570 | ৳ 0 |
This is an estimate. Bank processing fees, insurance and other charges are not included.
Common questions
Which method does this use?
The standard reducing balance method banks use. Your actual installment can differ slightly because of fees and the bank’s own rounding rules.
Does it match flat-rate loans?
No. Flat-rate loans charge interest on the full original amount, so total interest is higher.