Business EMI Calculator
Check what a business loan will really cost — monthly EMI, total interest and how the balance falls.
Free · no signup Runs on your device
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How to use the Business EMI Calculator
- 1Enter the loan amount.
- 2Enter the interest rate and tenure.
- 3See the EMI and repayment schedule.
EMI formula
EMI = P × r × (1 + r)ⁿ ÷ ((1 + r)ⁿ − 1), where P is the loan, r the monthly interest rate (annual ÷ 12 ÷ 100) and n the number of months. Each EMI pays that month's interest first; the rest reduces the balance.
Frequently asked questions
Is EMI interest tax deductible for businesses?
Is EMI interest tax deductible for businesses?
Interest on a business loan is generally a deductible expense; the principal isn't. Ask your CA for your case.
Why does the first EMI have more interest?
Why does the first EMI have more interest?
Interest is on the outstanding balance, which is highest at the start.
Does it include processing fees?
Does it include processing fees?
No — add any fees separately when comparing loans.