Loan EMI Calculator Bangladesh
Enter the loan, your bank's interest rate and the term to see the monthly instalment and the total cost. লোন ক্যালকুলেটর — হোম লোন, কার লোন ও পার্সোনাল লোনের মাসিক কিস্তিLast updated: October 2026.
Yearly repayment schedule
| Year | Principal paid | Interest paid | Balance left |
|---|
If the rate were different
| Rate | EMI | Total interest |
|---|
How much loan can I afford?
Uses the rate and term entered above.
How EMI is calculated
An EMI (equated monthly instalment) is the same payment every month. Each instalment first pays the month's interest on the balance still owed, and the rest reduces the balance. Early instalments are mostly interest and later ones mostly principal. This is the reducing-balance method banks in Bangladesh use for home, car and personal loans.
Example: ৳10,00,000 for 5 years at 12% a year. i = 0.01 and n = 60. The EMI is ৳22,244. You repay ৳13,34,667 in total, of which ৳3,34,667 is interest.
What changes the instalment
| Rate | 3 years | 5 years | 10 years |
|---|---|---|---|
| 10% | ৳32,267 | ৳21,247 | ৳13,215 |
| 12% | ৳33,214 | ৳22,244 | ৳14,347 |
| 14% | ৳34,178 | ৳23,268 | ৳15,527 |
| 16% | ৳35,157 | ৳24,318 | ৳16,751 |
A longer term lowers the instalment but raises the total interest. A higher rate raises both. The table lets you see the size of each effect before you talk to a bank; the calculator does the same for your own numbers and shows the cost of a 1 or 2 point rate change.
Costs beyond the instalment
The EMI is not the whole cost. Banks charge a processing fee, and may charge documentation fees, stamp charges, insurance, and an early-settlement fee if you repay ahead of schedule. Bank loans in Bangladesh are usually on a floating rate that the bank can revise during the term, which changes the instalment or the term. Ask for the full schedule of charges and whether the rate is fixed or floating. Rates are not listed here because each bank sets its own and they change with the market.
Reducing balance and flat rate
Some lenders quote a “flat” rate, where interest is charged on the full original loan for the whole term. A flat rate looks lower but costs more: a flat 10% over five years costs about as much as a reducing-balance rate of 17% to 18%. This calculator uses reducing balance. If you are quoted a flat rate, ask for the equivalent reducing-balance rate or the total amount repayable and compare that.
Saving instead of borrowing? See the DPS calculator, the FDR calculator and the Sanchayapatra calculator.
Frequently Asked Questions
How is loan EMI calculated in Bangladesh?
EMI = P × i × (1 + i)^n ÷ ((1 + i)^n − 1), where P is the loan amount, i is the yearly interest rate divided by 1200 and n is the number of monthly instalments. Banks apply it on the reducing balance.
What is the EMI on a 10 lakh taka loan for 5 years?
At 12% a year it is ৳22,244 a month, with total interest of ৳3,34,667. At 10% it is ৳21,247 and at 14% it is ৳23,268. Enter your bank's rate for your own figure.
Does a longer loan term cost more?
Yes. A longer term lowers the monthly instalment but you pay interest for more months, so total interest rises. On ৳10,00,000 at 12%, five years costs ৳3,34,667 in interest and ten years costs ৳7,21,651.
What is the difference between flat rate and reducing balance?
A flat rate charges interest on the full original loan for the whole term. Reducing balance charges interest only on what you still owe. A flat rate of 10% over five years costs about the same as a reducing rate of 17% to 18%.
How much loan can I get for an EMI of 20,000 taka?
At 12% a year over 5 years, an instalment of ৳20,000 supports a loan of about ৳8,99,101. Use the box under the calculator with your own rate and term.
Are bank interest rates listed here?
No. Each bank sets its own rate and revises it with the market, so a list would soon be wrong. Enter the rate from the bank's current offer or your sanction letter.
What other charges should I ask the bank about?
Processing fee, documentation and stamp charges, insurance, early-settlement fee, late-payment charge, and whether the interest rate is fixed or floating.