EMI Calculator
Calculate your monthly EMI, total interest and total payment for a loan.
EMI Calculator
FinanceUse this free EMI calculator for Bangladesh to work out your monthly EMI, total interest and total repayment on a home loan, car loan or personal loan. The result includes a full amortization schedule and a principal-versus-interest breakdown.
Your estimate
Estimates only — verify important figures with official sources.
How it works
EMI uses the standard reducing-balance formula on a monthly basis: your annual interest rate is divided by 12 to get the monthly rate, and the loan term is converted to months. The EMI stays fixed every month, but the split between interest and principal changes over time — early payments are mostly interest, later payments are mostly principal.
Formula
EMI = P × r × (1 + r)n ÷ ((1 + r)n − 1)
P = loan amount · r = monthly interest rate (annual rate ÷ 12) · n = number of monthly payments
Example calculation
For a loan of ৳500,000 at 9.5% per year over 5 years (60 months):
- Monthly EMI ≈ ৳10,501
- Total payment ≈ ৳630,056
- Total interest ≈ ৳130,056
Important notes
- The interest rate you actually receive depends on the bank, the product and your credit profile.
- This calculator assumes a fixed rate for the whole term and a monthly reducing balance.
- Amounts are shown in BDT (৳) with international thousand grouping.
Planning the other way round? Use the Loan Calculator to work out the loan amount you can afford from a monthly budget — or check the guide to how EMI is calculated.
Frequently Asked Questions
EMI (Equated Monthly Instalment) is the fixed monthly amount you pay a lender until a loan is fully repaid. Each payment covers part of the principal plus the interest charged on the remaining balance.
Most banks in Bangladesh quote an annual interest rate and calculate EMI on a monthly reducing balance. Your actual EMI can still differ slightly due to processing fees, rate changes and repayment schedules, so always confirm the exact quote with your bank.
Yes. If the interest rate is 0%, the EMI is simply the loan amount divided by the number of months.
Yes — the results show your total payment and the total interest over the whole loan term, alongside a full amortization schedule.
At 9.5% per year over 5 years (60 months), a ৳500,000 loan costs roughly ৳10,500 per month. Enter your own loan amount, interest rate and tenure above for a precise figure.
Related guides
The EMI estimate is for general information only. Actual bank EMIs can differ because of fees, insurance, rate resets and product-specific rules. Confirm the final figure with your lender.
Last updated: September 2026