Business Finance
Business Loan Calculator
Calculate monthly payments, total interest, and total cost for your business loan.
💰 Loan Details
Loan Amount
$
Interest Rate
%
📅 Term & Fees
Loan Tenure
Processing Fee
$
0% of loan amount
📈 Extra Payments
Extra Payment
$
Extra payment to reduce interest
Interest
0%
Monthly Payment
$0
per month
Loan Amount
$0
Total Interest
$0
Total Payment
$0
Interest Saved
$0
📊 Amortization Schedule
| Period | Payment | Principal | Interest | Balance |
|---|
How the formula works
EMI = P × r × (1 + r)ⁿ / [(1 + r)ⁿ − 1]
- P = Principal (loan amount + processing fee)
- r = Monthly interest rate (annual rate ÷ 12 ÷ 100)
- n = Tenure in months (total number of payments)
- Total Payment = EMI × n, aur Total Interest = Total Payment − Principal