Rate pre-filled with today's median starting home loan rate across 43 banks (5.71%). The lowest starting rate is 4.55% (Agricultural Dev. Bank). Compare every bank on the home loan rates page.
Home loan EMI by bank
EMI for Rs 50,00,000 over 20 years at each bank's published starting rate and at the top of its range. Updates as you change the calculator.
| Bank | Rate (from – to) | EMI at starting rate | EMI at top of range |
|---|---|---|---|
| Agricultural Dev. Bank | 4.55% – 6.55% | Rs 31,768 | Rs 37,426 |
| Nepal Investment Mega Bank | 4.55% – 6.55% | Rs 31,768 | Rs 37,426 |
| Prime Commercial Bank | 4.87% – 9.87% | Rs 32,640 | Rs 47,821 |
| NABIL Bank | 4.91% – 6.91% | Rs 32,750 | Rs 38,495 |
| Nepal Bank Limited | 4.91% – 6.41% | Rs 32,750 | Rs 37,014 |
| Excel Bikas Bank | 4.99% – 8.99% | Rs 32,970 | Rs 44,954 |
| Everest Bank | 5.18% – 7.18% | Rs 33,497 | Rs 39,307 |
| Machhapuchchhre Bank | 5.43% – 7.43% | Rs 34,197 | Rs 40,066 |
| Laxmi Sunrise Bank | 5.44% – 7.44% | Rs 34,225 | Rs 40,096 |
| Kamana Sewa Bikas Bank | 5.46% – 10.46% | Rs 34,282 | Rs 49,785 |
| Lumbini Bikas Bank | 5.46% – 9.46% | Rs 34,282 | Rs 46,476 |
| Shine Resunga Dev. Bank | 5.47% – 9.47% | Rs 34,310 | Rs 46,509 |
| NMB Bank | 5.51% – 7.51% | Rs 34,423 | Rs 40,310 |
| Rastriya Banijya Bank | 5.51% – 5.76% | Rs 34,423 | Rs 35,133 |
| Shangrila Development Bank | 5.57% – 9.56% | Rs 34,592 | Rs 46,803 |
| Himalayan Bank | 5.59% – 7.59% | Rs 34,649 | Rs 40,555 |
| Nepal SBI Bank | 5.61% – 7.61% | Rs 34,706 | Rs 40,617 |
| Global IME Bank | 5.64% – 7.64% | Rs 34,791 | Rs 40,709 |
| Jyoti Bikas Bank | 5.64% – 10.64% | Rs 34,791 | Rs 50,390 |
| Miteri Development Bank | 5.64% – 9.64% | Rs 34,791 | Rs 47,065 |
| Mahalaxmi Bikas Bank | 5.68% – 9.43% | Rs 34,905 | Rs 46,378 |
| Sanima Bank | 5.71% – 7.71% | Rs 34,990 | Rs 40,924 |
| Kumari Bank | 5.92% – 7.92% | Rs 35,591 | Rs 41,573 |
| Muktinath Bikas Bank | 5.92% – 7.92% | Rs 35,591 | Rs 41,573 |
| Manjushree Finance | 5.94% – 9.94% | Rs 35,649 | Rs 48,052 |
| NIC Asia Bank | 5.94% – 7.94% | Rs 35,649 | Rs 41,635 |
| Prabhu Bank | 5.94% – 8.94% | Rs 35,649 | Rs 44,794 |
| Citizens Bank Int'l | 5.99% fixed | Rs 35,793 | – |
| Siddhartha Bank | 5.99% fixed | Rs 35,793 | – |
| Standard Chartered Bank | 5.99% fixed | Rs 35,793 | – |
| Gurkhas Finance | 6.21% – 5.00% | Rs 36,430 | Rs 32,998 |
| Garima Bikas Bank | 6.22% – 8.22% | Rs 36,459 | Rs 42,509 |
| Green Dev. Bank | 6.28% – 10.28% | Rs 36,634 | Rs 49,182 |
| ICFC Finance | 6.29% – 8.29% | Rs 36,663 | Rs 42,729 |
| Central Finance Ltd | 6.31% – 11.31% | Rs 36,721 | Rs 52,668 |
| Pokhara Finance | 6.59% – 10.59% | Rs 37,544 | Rs 50,222 |
| Goodwill Finance | 6.65% – 10.65% | Rs 37,722 | Rs 50,424 |
| Reliance Finance | 6.85% – 8.60% | Rs 38,316 | Rs 43,708 |
| Sindhu Bikas Bank | 7.25% – 12.25% | Rs 39,519 | Rs 55,928 |
| Progressive Fin. Co. | 7.33% – 10.33% | Rs 39,762 | Rs 49,349 |
| Nepal Finance | 7.36% – 4.00% | Rs 39,853 | Rs 30,299 |
| Best Finance | 8.10% – 13.10% | Rs 42,134 | Rs 58,935 |
| Janaki Finance Co. | 9.80% – 14.40% | Rs 47,590 | Rs 63,634 |
Year-by-year schedule
| Year | Principal paid | Interest paid | Balance left |
|---|---|---|---|
| Year 1 | Rs 1,37,954 | Rs 2,81,927 | Rs 48,62,046 |
| Year 2 | Rs 1,46,041 | Rs 2,73,840 | Rs 47,16,005 |
| Year 3 | Rs 1,54,602 | Rs 2,65,279 | Rs 45,61,403 |
| Year 4 | Rs 1,63,664 | Rs 2,56,217 | Rs 43,97,739 |
| Year 5 | Rs 1,73,258 | Rs 2,46,623 | Rs 42,24,481 |
| Year 6 | Rs 1,83,414 | Rs 2,36,467 | Rs 40,41,067 |
| Year 7 | Rs 1,94,165 | Rs 2,25,716 | Rs 38,46,901 |
| Year 8 | Rs 2,05,547 | Rs 2,14,334 | Rs 36,41,354 |
| Year 9 | Rs 2,17,596 | Rs 2,02,285 | Rs 34,23,758 |
| Year 10 | Rs 2,30,351 | Rs 1,89,530 | Rs 31,93,407 |
| Year 11 | Rs 2,43,854 | Rs 1,76,027 | Rs 29,49,553 |
| Year 12 | Rs 2,58,148 | Rs 1,61,733 | Rs 26,91,405 |
| Year 13 | Rs 2,73,280 | Rs 1,46,601 | Rs 24,18,125 |
| Year 14 | Rs 2,89,300 | Rs 1,30,582 | Rs 21,28,825 |
| Year 15 | Rs 3,06,258 | Rs 1,13,623 | Rs 18,22,568 |
| Year 16 | Rs 3,24,210 | Rs 95,671 | Rs 14,98,357 |
| Year 17 | Rs 3,43,215 | Rs 76,666 | Rs 11,55,143 |
| Year 18 | Rs 3,63,333 | Rs 56,548 | Rs 7,91,809 |
| Year 19 | Rs 3,84,631 | Rs 35,250 | Rs 4,07,178 |
| Year 20 | Rs 4,07,178 | Rs 12,703 | Rs 0 |
Quick EMI table
| Loan amount | 10 years | 15 years | 20 years | 25 years |
|---|---|---|---|---|
| Rs 20 lakh | Rs 21,914 | Rs 16,565 | Rs 13,996 | Rs 12,534 |
| Rs 30 lakh | Rs 32,871 | Rs 24,848 | Rs 20,994 | Rs 18,801 |
| Rs 50 lakh | Rs 54,785 | Rs 41,413 | Rs 34,990 | Rs 31,335 |
| Rs 75 lakh | Rs 82,177 | Rs 62,120 | Rs 52,485 | Rs 47,002 |
| Rs 1 crore | Rs 1,09,570 | Rs 82,827 | Rs 69,980 | Rs 62,669 |
How much home loan can you afford?
A common rule is to keep the EMI under about 40% of your take-home pay, so a rate rise over 20 years does not squeeze your budget. Banks also cap the loan at a share of the property value: up to 80% for a first home worth up to Rs 3 crore (if you meet NRB's conditions), 70% for other homes and 50% for land only. See the home loan guide for the full rules.
Longer tenure: lower EMI, much more interest
Stretching a home loan from 15 to 25 years lowers the EMI, but you pay interest for ten more years. Compare the rows in the table above: the total interest on a 25-year loan is often close to the amount borrowed. If you can manage the higher EMI, a shorter tenure saves the most.
Prepay when you can
Most home loans in Nepal are floating, priced as base rate plus a premium. Paying a lump sum early, from a bonus or remittance, cuts the balance that interest is charged on. Ask your bank what it charges for partial prepayment before you sign. More on how base rate and premium work.
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