Calculators
হিসাব সঙ্গে সঙ্গে আপনার ব্রাউজারেই হয়
EMI Calculator
Reducing balance method
›Formula & assumptions
EMI = P × i × (1+i)ⁿ ÷ ((1+i)ⁿ − 1), where i = annual rate ÷ 12 ÷ 100, n = months.
Monthly interest = opening balance × i, rounded to paisa. The last installment absorbs rounding.
Formula version: emi-1.0
Result
Monthly EMI
Tk 11,122.22
Total interest
Tk 1,67,333.51
Total payment
Tk 6,67,333.51
| # | Opening | Installment | Interest | Principal | Closing |
|---|---|---|---|---|---|
| 1 | 5,00,000.00 | 11,122.22 | 5,000.00 | 6,122.22 | 4,93,877.78 |
| 2 | 4,93,877.78 | 11,122.22 | 4,938.78 | 6,183.44 | 4,87,694.34 |
| 3 | 4,87,694.34 | 11,122.22 | 4,876.94 | 6,245.28 | 4,81,449.06 |
| 4 | 4,81,449.06 | 11,122.22 | 4,814.49 | 6,307.73 | 4,75,141.33 |
| 5 | 4,75,141.33 | 11,122.22 | 4,751.41 | 6,370.81 | 4,68,770.52 |
| 6 | 4,68,770.52 | 11,122.22 | 4,687.71 | 6,434.51 | 4,62,336.01 |
| 7 | 4,62,336.01 | 11,122.22 | 4,623.36 | 6,498.86 | 4,55,837.15 |
| 8 | 4,55,837.15 | 11,122.22 | 4,558.37 | 6,563.85 | 4,49,273.30 |
| 9 | 4,49,273.30 | 11,122.22 | 4,492.73 | 6,629.49 | 4,42,643.81 |
| 10 | 4,42,643.81 | 11,122.22 | 4,426.44 | 6,695.78 | 4,35,948.03 |
| 11 | 4,35,948.03 | 11,122.22 | 4,359.48 | 6,762.74 | 4,29,185.29 |
| 12 | 4,29,185.29 | 11,122.22 | 4,291.85 | 6,830.37 | 4,22,354.92 |