Check the monthly EMI, total interest cost and total repayment for any business loan, term loan or machinery finance before you sign.
Work out the monthly EMI, total interest and total repayment for a business or term loan.
How to Read the Results
The EMI is your fixed monthly outflow. Total interest shows what the loan truly costs over its life, which is the number to compare across bank offers. A longer tenure lowers the EMI but raises total interest, so match the tenure to the cash flow the loan will generate.
Before You Apply for a Business Loan
Banks assess your application on financial ratios, projected cash flows and a credible project report or CMA data. Applications with weak documentation get under sanctioned or rejected even when the business is sound. Our team prepares bank ready project reports and handles banker queries until sanction.
Interest Rates and Fees
This calculator assumes a fixed rate with monthly rests, which is how most term loans work. Also budget for processing fees, typically 0.5 to 2 percent, and check for prepayment charges before signing the sanction letter.