Calculate business term-loan repayments with an optional interest-only period and fees.
A ₹20,00,000 term loan at 13% for 5 years (plus ₹20,000 financed fees) costs ₹45,961.21 a month, with ₹7,37,672.45 of total interest.
The Business Loan Calculator estimates the repayment of a term loan for equipment, expansion or working capital. Enter the amount, rate and tenure, add upfront fees, and optionally set an interest-only period during which you pay only interest before the principal starts to amortize.
Interest-only months lower early cash outflow but raise the later EMI and the total interest. Business interest is generally tax-deductible, but check with your accountant. Compare options with the Loan Calculator and compute the true cost with the APR Calculator.
The calculator applies the standard financial formulas step by step.
| Item | Amount |
|---|---|
| Loan amount | ₹20,20,000.00 |
| Monthly payment (principal + interest) | ₹45,961.21 |
| Total interest | ₹7,37,672.45 |
| Total of all payments | ₹27,57,672.45 |
| Time to pay off | 5 years |
| Term | 12% p.a. | 13% p.a. | 14% p.a. |
|---|---|---|---|
| 2 years | ₹95,088.41 | ₹96,034.48 | ₹96,986.02 |
| 3 years | ₹67,092.91 | ₹68,061.78 | ₹69,038.81 |
| 5 years | ₹44,933.78 | ₹45,961.21 | ₹47,001.87 |
| 7 years | ₹35,658.52 | ₹36,747.77 | ₹37,854.82 |
The same EMI formula as any term loan, using the amount (plus financed fees), monthly rate and number of months.
An initial stretch where you pay only the interest. The principal is then repaid over the remaining months, so later EMIs are higher.
No. Fees are extra, so the APR is higher than the stated rate. Use the APR Calculator for the true cost.
Often, subject to the lender's terms and any foreclosure charge. Use extra payments to see the saving.
Typically business registration, GST/ITR records, bank statements and financials — it varies by lender.
Generally yes as a business expense, but rules vary; confirm with your tax adviser.
It uses the standard formula: EMI = P × r × (1 + r)ⁿ ÷ ((1 + r)ⁿ − 1) The full method and a worked example are shown on this page.
No. The calculator gives estimates for planning and learning. Real offers vary by lender, product and date, so confirm the details with your bank, lender or a qualified adviser before deciding.
Yes. The maths is identical in any currency; only the currency symbol shown in the results differs.
No. Everything is calculated in your browser and nothing you enter is uploaded or saved.
