Enter loan amount, interest rate and duration — get your monthly EMI, total interest, total payment, plus a bank-style DBR affordability check.
قرض کی رقم، شرح اور مدت لکھیں — ماہانہ قسط، کل سود، کل ادائیگی اور بینک جیسی affordability جانچ پائیں۔
2026 Pakistan ranges: car 13–18% · home 11–15% · personal 16–24%. Rates badalte rehte hain — apne bank ka rate darj karein.
Islamic-finance note: Islamic banks price their financing on a diminishing musharakah (profit) basis — the calculation method may differ. This is an estimate using the conventional EMI formula; confirm your final installment with your bank.
اسلامی بینک نوٹ: اسلامی بینک diminishing musharakah پر profit rate لگاتے ہیں — حساب کا طریقہ مختلف ہو سکتا ہے۔ یہ تخمینہ conventional فارمولے پر ہے؛ حتمی قسط اپنے بینک سے confirm کریں۔
EMI = P × r × (1+r)n / ((1+r)n − 1), where r = annual rate ÷ 12 ÷ 100 and n = years × 12 (total months). It is the reducing-balance formula used by most banks.
Reducing balance پر سود صرف بقایا رقم پر لگتا ہے، اس لیے ماہانہ قسط زیادہ "منصفانہ" ہوتی ہے۔ Flat rate پورے دورانیے کے لیے اصل رقم پر سود لگاتا ہے — اکثر مہنگا پڑتا ہے۔ یہ کیلکولیٹر reducing-balance فارمولا استعمال کرتا ہے۔
A flat rate charges interest on the full original amount for the whole tenure, so it is usually more expensive than it looks. Reducing-balance charges interest only on the outstanding balance — which is what this calculator uses.
Debt Burden Ratio = your monthly installment ÷ monthly income. Banks in Pakistan usually want it at 40% or below: ≤40% bank likely OK, 40–50% borderline, above 50% bank likely refuses the loan.
Islamic banks use diminishing musharakah / murabaha structures with a profit rate instead of interest. The installment often looks similar, but the calculation method can differ — always confirm the final installment with your bank.