Business Loan Payment Calculator
See the payment per period, total interest, fees and the effective APR of a business loan.
Business Loan Payment Calculator
Payment per period
—
Total Interest
—
Total Fees
—
Cost of Borrowing (interest + fees)
—
Net Proceeds Received
—
Effective APR incl. fees
—
Yearly Amortization Summary
| Loan year | Payments (₹) | Principal (₹) | Interest (₹) | Ending balance (₹) |
|---|
Assumptions & method
- Payment = L × i ÷ (1 − (1 + i)−n), where L is the loan amount, i = annual rate ÷ payments per year, and n = term × payments per year (rounded to a whole number). A 0% rate uses L ÷ n.
- Payments are level and made at the end of each period. Biweekly means 26 payments a year and weekly means 52, so a biweekly loan repays slightly faster than a monthly one.
- Fees are paid at closing out of the loan proceeds, not financed. Net proceeds = loan amount − (origination % × loan + fixed fees).
- Effective APR is the periodic rate j that makes the payments worth exactly the net proceeds (payment × [1 − (1 + j)−n] ÷ j = net proceeds), solved numerically and multiplied by payments per year. The equivalent compounded annual rate is also shown.
- Cost of borrowing = total interest + fees. Penalties, insurance, personal guarantees, prepayment charges, daily-interest conventions and variable rates are not modelled; lenders may calculate differently.
Results are estimates based on the figures you enter. They are not guarantees and not financial advice.
What does a business loan really cost?
The headline interest rate rarely tells the whole story. A business loan has a periodic payment, but also fees that are deducted or paid up front, and a payment schedule that decides how quickly principal falls. This calculator shows all three. It gives the payment for your chosen frequency, the total interest over the term, the fees, and an effective APR that folds fees into the rate. Compare the effective APR across offers rather than the quoted rate, and check the payment against your monthly cash flow before you commit.