Bhutan National Bank Loan (BNB) Calculator

Posted by Dinesh on

This calculator calculates the monthly payment using loan amount, interest rate, years values.

Bhutan National Bank (BNB) Monthly Payment Calculation

Formula:

Monthly Payment = LA × ((i ÷ 1200) × (1+(i ÷ (1200)) c × 12)) ÷ (1+(i ÷ 1200)) c × 12 - 1

Where,
LA is Loan Amount
i is Interest Rate
c = Time Period