Reducing balance
Interest is estimated each month on the remaining principal.
Estimate repayments in Nepali rupees and see how interest and optional extra payments change the cost over time.
Enter an amount, annual rate and term to compare the monthly payment with the interest paid across the full loan.
Interest is estimated each month on the remaining principal.
The scheduled payment stays level until the final smaller payment.
An optional extra amount goes toward principal and may shorten the term.