Plan your business finance. Determine your monthly repayments, interest liability, and overall amortization schedules instantly.
This EMI calculator shows the monthly instalment on a business loan from the amount, interest rate and tenure. It also breaks down total interest against principal so you can compare offers before you borrow.
60 monthly instalments. Early payments are mostly interest; the balance flips toward principal as the loan runs down.
| Month | EMI | Principal | Interest | Balance |
|---|---|---|---|---|
| 1 | ₹11,122 | ₹6,122 | ₹5,000 | ₹4,93,878 |
| 2 | ₹11,122 | ₹6,183 | ₹4,939 | ₹4,87,694 |
| 3 | ₹11,122 | ₹6,245 | ₹4,877 | ₹4,81,449 |
| 4 | ₹11,122 | ₹6,308 | ₹4,814 | ₹4,75,141 |
| 5 | ₹11,122 | ₹6,371 | ₹4,751 | ₹4,68,771 |
| 6 | ₹11,122 | ₹6,435 | ₹4,688 | ₹4,62,336 |
| 7 | ₹11,122 | ₹6,499 | ₹4,623 | ₹4,55,837 |
| 8 | ₹11,122 | ₹6,564 | ₹4,558 | ₹4,49,273 |
| 9 | ₹11,122 | ₹6,629 | ₹4,493 | ₹4,42,644 |
| 10 | ₹11,122 | ₹6,696 | ₹4,426 | ₹4,35,948 |
| 11 | ₹11,122 | ₹6,763 | ₹4,359 | ₹4,29,185 |
| 12 | ₹11,122 | ₹6,830 | ₹4,292 | ₹4,22,355 |
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Partner with us →An Equated Monthly Installment (EMI) is a fixed payment amount made by a borrower to a lender at a specified date each calendar month. EMIs are applied to both interest and principal each month so that over a specified number of years, the loan is paid off in full.
EMI = [P × r × (1 + r)^n] ÷ [(1 + r)^n − 1]
Where:
P = Principal loan amount
r = Monthly interest rate (Annual rate ÷ 12 ÷ 100)
n = Number of monthly installments (Tenure in years × 12)
Understanding the ratio of principal repayment versus interest payment is crucial for budgeting business operations. In the early stages of a loan tenure, the interest component makes up a larger part of the EMI, which shifts progressively towards principal as years advance.
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EMI = P × r × (1 + r)^n ÷ ((1 + r)^n − 1), where P is the principal, r is the monthly interest rate (annual rate ÷ 12 ÷ 100) and n is the number of months.
Yes, but it increases the total interest you pay. A shorter tenure means a higher EMI and a lower total cost.
Record each EMI as an expense against a category in Easy Khata so it appears in your cash flow and profit reports.
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