What is EMI and how is it calculated?

EMI (Equated Monthly Installment) is the fixed payment you make every month. It’s computed using the principal, interest rate, and tenure via the standard amortizing loan formula.

Can I add extra payments or prepayments?

Yes. You can add recurring extra payments and one-time lump-sum prepayments to reduce interest and shorten the payoff time.

Does the calculator show an amortization schedule?

Yes. It shows a month-by-month breakdown of principal and interest, remaining balance, and totals. You can export it to CSV/JSON or print to PDF.

What is APR and how is it different from the interest rate?

APR includes the interest rate plus certain fees, giving a more complete picture of borrowing cost. The tool can estimate APR if you enter fees.

Is my data stored online?

No. Calculations run locally in your browser. Data is saved only to your device if you use autosave or export.

Tools Cube

Loan / EMI Calculator

Monthly installment, total interest & amortization schedule.

Inputs

Enter your loan details and optional extra payment.

Currency

Loan Amount

Annual Interest Rate (%)

Term (years)

Term Mode

YearsMonths

Start Date

Extra Monthly Payment (Optional)

Paying extra each month can reduce total interest and end date.

Results

Key numbers at a glance.

EMI (without extra)

BDT 16,016.47

Base monthly installment

Total Interest

BDT 97,569.62

Over the loan life

Total Payment

BDT 7,04,724.89

Principal + Interest

Payoff Date

2030-02-28

44 months

Amortization Schedule

Month-by-month breakdown including extra payments.

#	Date	Opening	Interest	Principal	Extra	Payment	Closing
1	2026-07-28	BDT 5,00,000.00	BDT 3,958.33	BDT 12,058.14	BDT 0.00	BDT 16,016.47	BDT 4,91,900.19
2	2026-08-28	BDT 4,91,900.19	BDT 3,894.21	BDT 12,122.27	BDT 0.00	BDT 16,016.47	BDT 4,83,672.14
3	2026-09-28	BDT 4,83,672.14	BDT 3,829.07	BDT 12,187.40	BDT 0.00	BDT 16,016.47	BDT 4,75,313.80
4	2026-10-28	BDT 4,75,313.80	BDT 3,762.90	BDT 12,253.57	BDT 0.00	BDT 16,016.47	BDT 4,66,823.13
5	2026-11-28	BDT 4,66,823.13	BDT 3,695.68	BDT 12,320.79	BDT 0.00	BDT 16,016.47	BDT 4,58,198.02
6	2026-12-28	BDT 4,58,198.02	BDT 3,627.40	BDT 12,389.07	BDT 0.00	BDT 16,016.47	BDT 4,49,436.35
7	2027-01-28	BDT 4,49,436.35	BDT 3,558.04	BDT 12,458.44	BDT 0.00	BDT 16,016.47	BDT 4,40,535.95
8	2027-02-28	BDT 4,40,535.95	BDT 3,487.58	BDT 12,528.90	BDT 0.00	BDT 16,016.47	BDT 4,31,494.63
9	2027-03-28	BDT 4,31,494.63	BDT 3,416.00	BDT 12,600.48	BDT 0.00	BDT 16,016.47	BDT 4,22,310.15
10	2027-04-28	BDT 4,22,310.15	BDT 3,343.29	BDT 12,673.19	BDT 0.00	BDT 16,016.47	BDT 4,12,980.25
11	2027-05-28	BDT 4,12,980.25	BDT 3,269.43	BDT 12,747.05	BDT 0.00	BDT 16,016.47	BDT 4,03,502.63
12	2027-06-28	BDT 4,03,502.63	BDT 3,194.40	BDT 12,822.08	BDT 0.00	BDT 16,016.47	BDT 3,93,874.95
13	2027-07-28	BDT 3,93,874.95	BDT 3,118.18	BDT 12,898.30	BDT 0.00	BDT 16,016.47	BDT 3,84,094.83
14	2027-08-28	BDT 3,84,094.83	BDT 3,040.75	BDT 12,975.72	BDT 0.00	BDT 16,016.47	BDT 3,74,159.85
15	2027-09-28	BDT 3,74,159.85	BDT 2,962.10	BDT 13,054.38	BDT 0.00	BDT 16,016.47	BDT 3,64,067.58
16	2027-10-28	BDT 3,64,067.58	BDT 2,882.20	BDT 13,134.27	BDT 0.00	BDT 16,016.47	BDT 3,53,815.51
17	2027-11-28	BDT 3,53,815.51	BDT 2,801.04	BDT 13,215.44	BDT 0.00	BDT 16,016.47	BDT 3,43,401.11
18	2027-12-28	BDT 3,43,401.11	BDT 2,718.59	BDT 13,297.88	BDT 0.00	BDT 16,016.47	BDT 3,32,821.82
19	2028-01-28	BDT 3,32,821.82	BDT 2,634.84	BDT 13,381.64	BDT 0.00	BDT 16,016.47	BDT 3,22,075.02
20	2028-02-28	BDT 3,22,075.02	BDT 2,549.76	BDT 13,466.71	BDT 0.00	BDT 16,016.47	BDT 3,11,158.07
21	2028-03-28	BDT 3,11,158.07	BDT 2,463.33	BDT 13,553.14	BDT 0.00	BDT 16,016.47	BDT 3,00,068.26
22	2028-04-28	BDT 3,00,068.26	BDT 2,375.54	BDT 13,640.93	BDT 0.00	BDT 16,016.47	BDT 2,88,802.87
23	2028-05-28	BDT 2,88,802.87	BDT 2,286.36	BDT 13,730.12	BDT 0.00	BDT 16,016.47	BDT 2,77,359.11
24	2028-06-28	BDT 2,77,359.11	BDT 2,195.76	BDT 13,820.72	BDT 0.00	BDT 16,016.47	BDT 2,65,734.15
25	2028-07-28	BDT 2,65,734.15	BDT 2,103.73	BDT 13,912.75	BDT 0.00	BDT 16,016.47	BDT 2,53,925.13
26	2028-08-28	BDT 2,53,925.13	BDT 2,010.24	BDT 14,006.23	BDT 0.00	BDT 16,016.47	BDT 2,41,929.14
27	2028-09-28	BDT 2,41,929.14	BDT 1,915.27	BDT 14,101.20	BDT 0.00	BDT 16,016.47	BDT 2,29,743.21
28	2028-10-28	BDT 2,29,743.21	BDT 1,818.80	BDT 14,197.67	BDT 0.00	BDT 16,016.47	BDT 2,17,364.34
29	2028-11-28	BDT 2,17,364.34	BDT 1,720.80	BDT 14,295.67	BDT 0.00	BDT 16,016.47	BDT 2,04,789.46
30	2028-12-28	BDT 2,04,789.46	BDT 1,621.25	BDT 14,395.22	BDT 0.00	BDT 16,016.47	BDT 1,92,015.49
31	2029-01-28	BDT 1,92,015.49	BDT 1,520.12	BDT 14,496.35	BDT 0.00	BDT 16,016.47	BDT 1,79,039.26
32	2029-02-28	BDT 1,79,039.26	BDT 1,417.39	BDT 14,599.08	BDT 0.00	BDT 16,016.47	BDT 1,65,857.57
33	2029-03-28	BDT 1,65,857.57	BDT 1,313.04	BDT 14,703.44	BDT 0.00	BDT 16,016.47	BDT 1,52,467.18
34	2029-04-28	BDT 1,52,467.18	BDT 1,207.03	BDT 14,809.44	BDT 0.00	BDT 16,016.47	BDT 1,38,864.76
35	2029-05-28	BDT 1,38,864.76	BDT 1,099.35	BDT 14,917.13	BDT 0.00	BDT 16,016.47	BDT 1,25,046.98
36	2029-06-28	BDT 1,25,046.98	BDT 989.96	BDT 15,026.52	BDT 0.00	BDT 16,016.47	BDT 1,11,010.42
37	2029-07-28	BDT 1,11,010.42	BDT 878.83	BDT 15,137.64	BDT 0.00	BDT 16,016.47	BDT 96,751.61
38	2029-08-28	BDT 96,751.61	BDT 765.95	BDT 15,250.52	BDT 0.00	BDT 16,016.47	BDT 82,267.03
39	2029-09-28	BDT 82,267.03	BDT 651.28	BDT 15,365.19	BDT 0.00	BDT 16,016.47	BDT 67,553.12
40	2029-10-28	BDT 67,553.12	BDT 534.80	BDT 15,481.68	BDT 0.00	BDT 16,016.47	BDT 52,606.24
41	2029-11-28	BDT 52,606.24	BDT 416.47	BDT 15,600.01	BDT 0.00	BDT 16,016.47	BDT 37,422.69
42	2029-12-28	BDT 37,422.69	BDT 296.26	BDT 15,720.21	BDT 0.00	BDT 16,016.47	BDT 21,998.74
43	2030-01-28	BDT 21,998.74	BDT 174.16	BDT 15,842.32	BDT 0.00	BDT 16,016.47	BDT 6,330.58
44	2030-02-28	BDT 6,330.58	BDT 50.12	BDT 15,966.36	BDT 0.00	BDT 16,016.47	BDT 0.00