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Personal Loan Calculator Pakistan
See the real cost of a personal loan, including flat-rate offers.
What are you financing?
Car and home financing in Pakistan is usually KIBOR + the bank's margin.
Flat: interest on the full amount for the whole term. Ask your bank which one they quote.
Your monthly installment
Rs 19,616 a month
on financing of Rs 500,000
๐ก Before you sign
- Compare the total you pay, not just the monthly installment.
- Banks add insurance (takaful), processing fees and registration costs on top.
- Rates tied to KIBOR change when KIBOR changes, so your installment can go up or down.
- Islamic financing (Ijarah, Diminishing Musharakah) works out to a similar monthly amount; it's described as rent/profit instead of interest.
An estimate at a fixed rate for the whole term. Not financial advice. ๐ Everything stays on your device.
๐ Official sources: State Bank of Pakistan
We build every tool from the official rules and re-check them when they change. Always confirm with the official source before you rely on a result.
๐ ๏ธ Spotted a mistake or an out-of-date rule? Tell us
Questions people ask
How is the monthly installment calculated?+
On a reducing balance, each month you pay interest only on what you still owe, using the standard EMI formula. Early installments are mostly interest; later ones mostly repay the loan.
What is a flat rate?+
Interest charged on the full loan amount for the whole term, even as you repay it. A 10% flat rate costs much more than 10% on a reducing balance; this calculator shows the real yearly rate.
How much down payment for a car loan?+
State Bank rules set a minimum down payment and a maximum term for auto financing, and they change from time to time. Ask your bank for the current limits.