Loan interest calculator
Calculate total loan interest using either interest method.
Your estimate
Total interestBDT 97,857.58
- Monthly payment
- BDT 16,607.15
- Total repayment
- BDT 597,857.58
Results update as you change the numbers.
Sample inputs. Enter your own rates and fees. See assumptions below.
Formula, example & assumptions
Behind the answer
How it works
Reducing: EMI × months − principal. Flat: principal × annual rate × months ÷ 12.
Reducing: EMI × months − principal. Flat: principal × annual rate × months ÷ 12.
A worked example
12,000 at 10% flat for 12 months incurs 1,200 interest.