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Nepal Home Loan EMI Calculator 2083/84 — NRB Base Rate

Calculator Engine
1 Year30 Years

Bank Benchmarks (Base Rate)

Result Summary

Monthly Installment (EMI)
Rs. 56,047
15 Years at 10.75% APR
Total Interest
Rs. 50,88,532
Total Payable
Rs. 1,00,88,532
Loan to Interest Ratio49.6% Equity

Mortgage Architecture

Principal
Interest
Total CostRs. 1,00,88,532

Initial 12-Month Trajectory

Early payments are interest-heavy. Prepaying principal saves significant capital.

Full Amortization Schedule

180 Scheduled Payments
PeriodEMIPrincipalInterestBalance
Month 1Rs. 56,047Rs. 11,256Rs. 44,792Rs. 49,88,744
Month 2Rs. 56,047Rs. 11,357Rs. 44,691Rs. 49,77,388
Month 3Rs. 56,047Rs. 11,458Rs. 44,589Rs. 49,65,929
Month 4Rs. 56,047Rs. 11,561Rs. 44,486Rs. 49,54,368
Month 5Rs. 56,047Rs. 11,665Rs. 44,383Rs. 49,42,704
Month 6Rs. 56,047Rs. 11,769Rs. 44,278Rs. 49,30,935
Month 7Rs. 56,047Rs. 11,874Rs. 44,173Rs. 49,19,060
Month 8Rs. 56,047Rs. 11,981Rs. 44,067Rs. 49,07,080
Month 9Rs. 56,047Rs. 12,088Rs. 43,959Rs. 48,94,992
Month 10Rs. 56,047Rs. 12,196Rs. 43,851Rs. 48,82,795
Month 11Rs. 56,047Rs. 12,306Rs. 43,742Rs. 48,70,489
Month 12Rs. 56,047Rs. 12,416Rs. 43,631Rs. 48,58,073
Month 13Rs. 56,047Rs. 12,527Rs. 43,520Rs. 48,45,546
Month 14Rs. 56,047Rs. 12,639Rs. 43,408Rs. 48,32,907
Month 15Rs. 56,047Rs. 12,753Rs. 43,295Rs. 48,20,154
Month 16Rs. 56,047Rs. 12,867Rs. 43,181Rs. 48,07,287
Month 17Rs. 56,047Rs. 12,982Rs. 43,065Rs. 47,94,305
Month 18Rs. 56,047Rs. 13,098Rs. 42,949Rs. 47,81,207
Month 19Rs. 56,047Rs. 13,216Rs. 42,832Rs. 47,67,991
Month 20Rs. 56,047Rs. 13,334Rs. 42,713Rs. 47,54,657
Month 21Rs. 56,047Rs. 13,454Rs. 42,594Rs. 47,41,203
Month 22Rs. 56,047Rs. 13,574Rs. 42,473Rs. 47,27,629
Month 23Rs. 56,047Rs. 13,696Rs. 42,352Rs. 47,13,934
Month 24Rs. 56,047Rs. 13,818Rs. 42,229Rs. 47,00,115
Month 25Rs. 56,047Rs. 13,942Rs. 42,105Rs. 46,86,173
Month 26Rs. 56,047Rs. 14,067Rs. 41,980Rs. 46,72,106
Month 27Rs. 56,047Rs. 14,193Rs. 41,854Rs. 46,57,913
Month 28Rs. 56,047Rs. 14,320Rs. 41,727Rs. 46,43,593
Month 29Rs. 56,047Rs. 14,449Rs. 41,599Rs. 46,29,144
Month 30Rs. 56,047Rs. 14,578Rs. 41,469Rs. 46,14,566
Month 31Rs. 56,047Rs. 14,709Rs. 41,339Rs. 45,99,857
Month 32Rs. 56,047Rs. 14,840Rs. 41,207Rs. 45,85,017
Month 33Rs. 56,047Rs. 14,973Rs. 41,074Rs. 45,70,044
Month 34Rs. 56,047Rs. 15,107Rs. 40,940Rs. 45,54,936
Month 35Rs. 56,047Rs. 15,243Rs. 40,805Rs. 45,39,694
Month 36Rs. 56,047Rs. 15,379Rs. 40,668Rs. 45,24,314
Month 37Rs. 56,047Rs. 15,517Rs. 40,530Rs. 45,08,797
Month 38Rs. 56,047Rs. 15,656Rs. 40,391Rs. 44,93,141
Month 39Rs. 56,047Rs. 15,796Rs. 40,251Rs. 44,77,345
Month 40Rs. 56,047Rs. 15,938Rs. 40,110Rs. 44,61,407
Month 41Rs. 56,047Rs. 16,081Rs. 39,967Rs. 44,45,326
Month 42Rs. 56,047Rs. 16,225Rs. 39,823Rs. 44,29,102
Month 43Rs. 56,047Rs. 16,370Rs. 39,677Rs. 44,12,732
Month 44Rs. 56,047Rs. 16,517Rs. 39,531Rs. 43,96,215
Month 45Rs. 56,047Rs. 16,665Rs. 39,383Rs. 43,79,550
Month 46Rs. 56,047Rs. 16,814Rs. 39,233Rs. 43,62,736
Month 47Rs. 56,047Rs. 16,965Rs. 39,083Rs. 43,45,772
Month 48Rs. 56,047Rs. 17,117Rs. 38,931Rs. 43,28,655
Month 49Rs. 56,047Rs. 17,270Rs. 38,778Rs. 43,11,385
Month 50Rs. 56,047Rs. 17,425Rs. 38,623Rs. 42,93,961
Month 51Rs. 56,047Rs. 17,581Rs. 38,467Rs. 42,76,380
Month 52Rs. 56,047Rs. 17,738Rs. 38,309Rs. 42,58,642
Month 53Rs. 56,047Rs. 17,897Rs. 38,150Rs. 42,40,745
Month 54Rs. 56,047Rs. 18,057Rs. 37,990Rs. 42,22,688
Month 55Rs. 56,047Rs. 18,219Rs. 37,828Rs. 42,04,468
Month 56Rs. 56,047Rs. 18,382Rs. 37,665Rs. 41,86,086
Month 57Rs. 56,047Rs. 18,547Rs. 37,500Rs. 41,67,539
Month 58Rs. 56,047Rs. 18,713Rs. 37,334Rs. 41,48,826
Month 59Rs. 56,047Rs. 18,881Rs. 37,167Rs. 41,29,945
Month 60Rs. 56,047Rs. 19,050Rs. 36,997Rs. 41,10,895
Month 61Rs. 56,047Rs. 19,221Rs. 36,827Rs. 40,91,674
Month 62Rs. 56,047Rs. 19,393Rs. 36,655Rs. 40,72,281
Month 63Rs. 56,047Rs. 19,567Rs. 36,481Rs. 40,52,715
Month 64Rs. 56,047Rs. 19,742Rs. 36,306Rs. 40,32,973
Month 65Rs. 56,047Rs. 19,919Rs. 36,129Rs. 40,13,054
Month 66Rs. 56,047Rs. 20,097Rs. 35,950Rs. 39,92,957
Month 67Rs. 56,047Rs. 20,277Rs. 35,770Rs. 39,72,680
Month 68Rs. 56,047Rs. 20,459Rs. 35,589Rs. 39,52,221
Month 69Rs. 56,047Rs. 20,642Rs. 35,405Rs. 39,31,579
Month 70Rs. 56,047Rs. 20,827Rs. 35,220Rs. 39,10,752
Month 71Rs. 56,047Rs. 21,014Rs. 35,034Rs. 38,89,739
Month 72Rs. 56,047Rs. 21,202Rs. 34,846Rs. 38,68,537
Month 73Rs. 56,047Rs. 21,392Rs. 34,656Rs. 38,47,145
Month 74Rs. 56,047Rs. 21,583Rs. 34,464Rs. 38,25,562
Month 75Rs. 56,047Rs. 21,777Rs. 34,271Rs. 38,03,785
Month 76Rs. 56,047Rs. 21,972Rs. 34,076Rs. 37,81,813
Month 77Rs. 56,047Rs. 22,169Rs. 33,879Rs. 37,59,644
Month 78Rs. 56,047Rs. 22,367Rs. 33,680Rs. 37,37,277
Month 79Rs. 56,047Rs. 22,568Rs. 33,480Rs. 37,14,710
Month 80Rs. 56,047Rs. 22,770Rs. 33,278Rs. 36,91,940
Month 81Rs. 56,047Rs. 22,974Rs. 33,074Rs. 36,68,966
Month 82Rs. 56,047Rs. 23,180Rs. 32,868Rs. 36,45,786
Month 83Rs. 56,047Rs. 23,387Rs. 32,660Rs. 36,22,399
Month 84Rs. 56,047Rs. 23,597Rs. 32,451Rs. 35,98,803
Month 85Rs. 56,047Rs. 23,808Rs. 32,239Rs. 35,74,994
Month 86Rs. 56,047Rs. 24,021Rs. 32,026Rs. 35,50,973
Month 87Rs. 56,047Rs. 24,237Rs. 31,811Rs. 35,26,736
Month 88Rs. 56,047Rs. 24,454Rs. 31,594Rs. 35,02,283
Month 89Rs. 56,047Rs. 24,673Rs. 31,375Rs. 34,77,610
Month 90Rs. 56,047Rs. 24,894Rs. 31,154Rs. 34,52,716
Month 91Rs. 56,047Rs. 25,117Rs. 30,931Rs. 34,27,599
Month 92Rs. 56,047Rs. 25,342Rs. 30,706Rs. 34,02,257
Month 93Rs. 56,047Rs. 25,569Rs. 30,479Rs. 33,76,689
Month 94Rs. 56,047Rs. 25,798Rs. 30,250Rs. 33,50,891
Month 95Rs. 56,047Rs. 26,029Rs. 30,018Rs. 33,24,862
Month 96Rs. 56,047Rs. 26,262Rs. 29,785Rs. 32,98,600
Month 97Rs. 56,047Rs. 26,497Rs. 29,550Rs. 32,72,102
Month 98Rs. 56,047Rs. 26,735Rs. 29,313Rs. 32,45,367
Month 99Rs. 56,047Rs. 26,974Rs. 29,073Rs. 32,18,393
Month 100Rs. 56,047Rs. 27,216Rs. 28,831Rs. 31,91,177
Month 101Rs. 56,047Rs. 27,460Rs. 28,588Rs. 31,63,717
Month 102Rs. 56,047Rs. 27,706Rs. 28,342Rs. 31,36,011
Month 103Rs. 56,047Rs. 27,954Rs. 28,093Rs. 31,08,057
Month 104Rs. 56,047Rs. 28,204Rs. 27,843Rs. 30,79,853
Month 105Rs. 56,047Rs. 28,457Rs. 27,590Rs. 30,51,396
Month 106Rs. 56,047Rs. 28,712Rs. 27,335Rs. 30,22,684
Month 107Rs. 56,047Rs. 28,969Rs. 27,078Rs. 29,93,715
Month 108Rs. 56,047Rs. 29,229Rs. 26,819Rs. 29,64,486
Month 109Rs. 56,047Rs. 29,491Rs. 26,557Rs. 29,34,996
Month 110Rs. 56,047Rs. 29,755Rs. 26,293Rs. 29,05,241
Month 111Rs. 56,047Rs. 30,021Rs. 26,026Rs. 28,75,220
Month 112Rs. 56,047Rs. 30,290Rs. 25,757Rs. 28,44,929
Month 113Rs. 56,047Rs. 30,562Rs. 25,486Rs. 28,14,368
Month 114Rs. 56,047Rs. 30,835Rs. 25,212Rs. 27,83,532
Month 115Rs. 56,047Rs. 31,112Rs. 24,936Rs. 27,52,421
Month 116Rs. 56,047Rs. 31,390Rs. 24,657Rs. 27,21,031
Month 117Rs. 56,047Rs. 31,672Rs. 24,376Rs. 26,89,359
Month 118Rs. 56,047Rs. 31,955Rs. 24,092Rs. 26,57,404
Month 119Rs. 56,047Rs. 32,241Rs. 23,806Rs. 26,25,162
Month 120Rs. 56,047Rs. 32,530Rs. 23,517Rs. 25,92,632
Month 121Rs. 56,047Rs. 32,822Rs. 23,226Rs. 25,59,810
Month 122Rs. 56,047Rs. 33,116Rs. 22,932Rs. 25,26,695
Month 123Rs. 56,047Rs. 33,412Rs. 22,635Rs. 24,93,282
Month 124Rs. 56,047Rs. 33,712Rs. 22,336Rs. 24,59,570
Month 125Rs. 56,047Rs. 34,014Rs. 22,034Rs. 24,25,557
Month 126Rs. 56,047Rs. 34,318Rs. 21,729Rs. 23,91,238
Month 127Rs. 56,047Rs. 34,626Rs. 21,422Rs. 23,56,612
Month 128Rs. 56,047Rs. 34,936Rs. 21,111Rs. 23,21,676
Month 129Rs. 56,047Rs. 35,249Rs. 20,798Rs. 22,86,427
Month 130Rs. 56,047Rs. 35,565Rs. 20,483Rs. 22,50,862
Month 131Rs. 56,047Rs. 35,883Rs. 20,164Rs. 22,14,979
Month 132Rs. 56,047Rs. 36,205Rs. 19,843Rs. 21,78,774
Month 133Rs. 56,047Rs. 36,529Rs. 19,518Rs. 21,42,245
Month 134Rs. 56,047Rs. 36,856Rs. 19,191Rs. 21,05,388
Month 135Rs. 56,047Rs. 37,187Rs. 18,861Rs. 20,68,202
Month 136Rs. 56,047Rs. 37,520Rs. 18,528Rs. 20,30,682
Month 137Rs. 56,047Rs. 37,856Rs. 18,192Rs. 19,92,826
Month 138Rs. 56,047Rs. 38,195Rs. 17,852Rs. 19,54,631
Month 139Rs. 56,047Rs. 38,537Rs. 17,510Rs. 19,16,094
Month 140Rs. 56,047Rs. 38,882Rs. 17,165Rs. 18,77,212
Month 141Rs. 56,047Rs. 39,231Rs. 16,817Rs. 18,37,981
Month 142Rs. 56,047Rs. 39,582Rs. 16,465Rs. 17,98,399
Month 143Rs. 56,047Rs. 39,937Rs. 16,111Rs. 17,58,462
Month 144Rs. 56,047Rs. 40,295Rs. 15,753Rs. 17,18,167
Month 145Rs. 56,047Rs. 40,655Rs. 15,392Rs. 16,77,512
Month 146Rs. 56,047Rs. 41,020Rs. 15,028Rs. 16,36,492
Month 147Rs. 56,047Rs. 41,387Rs. 14,660Rs. 15,95,105
Month 148Rs. 56,047Rs. 41,758Rs. 14,289Rs. 15,53,347
Month 149Rs. 56,047Rs. 42,132Rs. 13,915Rs. 15,11,215
Month 150Rs. 56,047Rs. 42,509Rs. 13,538Rs. 14,68,706
Month 151Rs. 56,047Rs. 42,890Rs. 13,157Rs. 14,25,815
Month 152Rs. 56,047Rs. 43,274Rs. 12,773Rs. 13,82,541
Month 153Rs. 56,047Rs. 43,662Rs. 12,385Rs. 13,38,879
Month 154Rs. 56,047Rs. 44,053Rs. 11,994Rs. 12,94,826
Month 155Rs. 56,047Rs. 44,448Rs. 11,599Rs. 12,50,378
Month 156Rs. 56,047Rs. 44,846Rs. 11,201Rs. 12,05,532
Month 157Rs. 56,047Rs. 45,248Rs. 10,800Rs. 11,60,284
Month 158Rs. 56,047Rs. 45,653Rs. 10,394Rs. 11,14,631
Month 159Rs. 56,047Rs. 46,062Rs. 9,985Rs. 10,68,568
Month 160Rs. 56,047Rs. 46,475Rs. 9,573Rs. 10,22,094
Month 161Rs. 56,047Rs. 46,891Rs. 9,156Rs. 9,75,202
Month 162Rs. 56,047Rs. 47,311Rs. 8,736Rs. 9,27,891
Month 163Rs. 56,047Rs. 47,735Rs. 8,312Rs. 8,80,156
Month 164Rs. 56,047Rs. 48,163Rs. 7,885Rs. 8,31,994
Month 165Rs. 56,047Rs. 48,594Rs. 7,453Rs. 7,83,399
Month 166Rs. 56,047Rs. 49,029Rs. 7,018Rs. 7,34,370
Month 167Rs. 56,047Rs. 49,469Rs. 6,579Rs. 6,84,901
Month 168Rs. 56,047Rs. 49,912Rs. 6,136Rs. 6,34,989
Month 169Rs. 56,047Rs. 50,359Rs. 5,688Rs. 5,84,630
Month 170Rs. 56,047Rs. 50,810Rs. 5,237Rs. 5,33,820
Month 171Rs. 56,047Rs. 51,265Rs. 4,782Rs. 4,82,555
Month 172Rs. 56,047Rs. 51,725Rs. 4,323Rs. 4,30,831
Month 173Rs. 56,047Rs. 52,188Rs. 3,860Rs. 3,78,643
Month 174Rs. 56,047Rs. 52,655Rs. 3,392Rs. 3,25,987
Month 175Rs. 56,047Rs. 53,127Rs. 2,920Rs. 2,72,860
Month 176Rs. 56,047Rs. 53,603Rs. 2,444Rs. 2,19,257
Month 177Rs. 56,047Rs. 54,083Rs. 1,964Rs. 1,65,174
Month 178Rs. 56,047Rs. 54,568Rs. 1,480Rs. 1,10,606
Month 179Rs. 56,047Rs. 55,057Rs. 991Rs. 55,550
Month 180Rs. 56,047Rs. 55,550Rs. 498Rs. 0

How to use

  • Principal: Enter the total home loan amount approved by your bank.
  • Base Rate: Select a bank benchmark or enter the current NRB-mandated base rate.
  • Premium: Input the fixed margin percentage quoted in your offer letter.
  • Tenure: Set the duration (typically 15-20 years for Nepalese housing loans).
  • Audit: Analyze the amortization table to see how interest drops over time.

The Mortgage Calculus (Reducing Balance)

The official mathematical framework used by all A-class commercial banks in Nepal for Equated Monthly Installments.

$$EMI = [P \times r \times (1 + r)^n] / [(1 + r)^n - 1]$$

P = Principal Loan Amount

r = Monthly Interest Rate (Annual Rate / 12 / 100)

n = Total Number of Months (Years × 12)

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Frequently Asked Questions

The Base Rate is the minimum interest rate a bank can charge, reflecting their internal cost of funds. Banks are prohibited by NRB from lending below this rate.
Premium is the negotiable profit margin the bank adds to the Base Rate. Once signed, it usually remains fixed even if the Base Rate changes.
In Nepal, banks update their Base Rate every quarter. If the Base Rate changes, your loan tenure is usually adjusted first. If the tenure hits a cap, your EMI amount will increase.
Commercial banks in Nepal typically offer up to 20-25 years, provided the loan is settled before the borrower's retirement age (usually 65-70).