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Business Loan EMI Calculator by Deferred Payment
EMI
Deferred Payment
Reducing Balance
Interest First
Balloon Payment
Loan Amount
Loan Tenure
Year
Month
Rate of Interest
%
Deferred Period
Year
Month
Copy
Share
EMI
19771
Interest
660769
Principal
1000000
Total
1660769
660 K
(6 Lac)
8
Year
1,000,000
501 K
(5 Lac)
Year
Original
Reduced
𝒊
19771
will be
EMI
for
1000000
(1 m/10 Lac)
Loan Amount
for
8
Year
Loan Tenure
at
12.00%
Rate of Interest
.
How to Reduce Interest/ Tenure?
Pay
0
1
2
3
4
5
Extra EMI every year.
𝒊
Increase EMI by
0
2
3
5
7
10
15
20
% every year.
𝒊
Pay Lump-Sum
0
(10 K)
(20 K)
(30 K)
(40 K)
(50 K)
(60 K)
(70 K)
(80 K)
(90 K)
(100 K)
in
0
2
3
4
year.
𝒊
Recalculate
Share
Loan
Tenure
Interest
Original
8 year
660769
Reduced
6 year
3 months
501528
Saved
1 year
9 months
159241
Loan Payment Schedule
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
Original
Reduced
Deferred Period
Balloon Payment
320 K
(3 Lac)
240 K
(2 Lac)
160 K
(1 Lac)
80 K
0
-
-
-
-
-
2024
2028
2031
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Business Loan EMI by Deferred Payment
A Business Loan EMI by Deferred Payment allows borrowers to defer all payments, including both principal and interest, for a specified period at the beginning of the loan. During this deferred period, no payments are required, giving businesses time to utilize the funds for growth or stabilization before beginning regular EMI payments. Plan your business growth with our Business Loan EMI Calculator by Deferred Payment. Get detailed insights into your loan repayments, interest rates, and principal, helping you manage your finances for business expansion effectively.
Calculate Business Loan EMI by Deferred Payment
Enter loan details including loan amount, interest rate, tenure, choose months or years, and deferred period to calculate business loan EMI by deferred payment.
Click Calculate to view your initial business loan EMI breakdown and understand your options.
Customize payment options with three inputs.
Select a number of extra EMIs per year.
Increase EMIs by a percentage.
Select lump sum payment in a specific year.
Adjust inputs as needed and click Recalculate to update your business loan EMI tenure and interest dynamically.
Deferred Payment EMI formula
To calculate Business Loan EMI, use the Deferred Payment EMI formula for precise results. This calculation helps you understand your repayment obligations clearly.
E
M
I
=
R
P
×
r
×
(
1
+
r
)
n
(
1
+
r
)
n
-
1
EMI
= Equated Monthly Installments
RP
= remaining loan amount after adding deferred interest.
r
= monthly interest rate.
n
= total number of monthly installments.
Eligibility Criteria for Business Loan EMI by Deferred Payment
Business Registration:
Applicants must have a registered business entity, such as a sole proprietorship, LLC, or corporation.
Creditworthiness:
Lenders evaluate the creditworthiness of the business and its owners, including credit history and financial statements.
Business Viability:
Evidence of the business's viability, such as business plans and sales forecasts, may be required to demonstrate potential revenue for loan repayment.
Collateral:
Lenders may require collateral, like business assets, to secure the loan based on the amount and terms. Understanding your business loan EMI by deferred payment and overall business loan EMI is essential for effective financial planning.
Business Loan EMI Calculator by Deferred Payment FAQ
How does Deferred Payment EMI differ from a regular EMI?
Deferred payment EMI allows borrowers to postpone all payments for a specified period at the start of the loan. In a regular EMI, payments start immediately with both principal and interest being repaid from the beginning of the loan term.
What are the advantages of a Business Loan EMI by Deferred Payment?
Business loan EMI by deferred payment offers immediate relief from payments, enabling businesses to focus on other critical needs. The deferment period allows for growth and stabilization, improving financial health before repayments start.
What are the disadvantages of a Business Loan EMI by Deferred Payment?
Business loan EMI by deferred payment accrues interest during the deferment period, leading to higher overall costs. Once payments begin, EMIs may be larger due to added interest, potentially straining cash flow and extending the loan tenure.
×
How extra EMI(s) help?
At the end of the year, you can pay extra EMIs out of your savings. This extra EMI payment will go towards your Loan Amount and save you on the interest as well as tenure of the loan.
Payment
Tenure
Interest
Current
8 year
660769
1 Extra EMI/ year
8 year
▶ 0 year
591217
▶ 69552
2 Extra EMI/ year
7 year
▶ 1 year
536123
▶ 124646
3 Extra EMI/ year
7 year
▶ 1 year
490022
▶ 170747
How increasing EMI helps?
As your income increases each year, you can get your EMI increased from the bank. This allows you to allocate more funds towards paying off the loan amount and save you on the interest as well as tenure of the loan.
Payment
Tenure
Interest
Current
8 year
660769
Increase EMI by 1%
8 year
▶ 0 year
641539
▶ 19230
Increase EMI by 3%
8 year
▶ 0 year
608815
▶ 51954
Increase EMI by 5%
7 year
▶ 1 year
581816
▶ 78953
How Paying Lumpsum Amount helps?
If you receive unexpected income, such as a bonus or tax refund, consider making a lump-sum payment on your loan. This can help reduce the outstanding loan amount and save you on the interest as well as tenure of the loan.
Payment
Tenure
Interest
Current
8 year
660769
Pay 10% in 2nd year
8 year
▶ 0 year
552157
▶ 108612
Pay 20% in 3rd year
7 year
▶ 1 year
502699
▶ 158070
Pay 30% in 4th year
7 year
▶ 1 year
495937
▶ 164832
How to Reduce Interest/ Tenure?
Making early payments towards Principal amount can reduce your Interest and/ or Tenure.
1. How extra EMI(s) help?
At the end of the year, you can pay extra EMIs out of your savings. This extra EMI payment will go towards your Loan Amount and save you on the interest as well as tenure of the loan.
2. How increasing EMI helps?
As your income increases each year, you can get your EMI increased from the bank. This allows you to allocate more funds towards paying off the loan amount and save you on the interest as well as tenure of the loan.
3. How Paying Lumpsum Amount helps?
If you receive unexpected income, such as a bonus or tax refund, consider making a lump-sum payment on your loan. This can help reduce the outstanding loan amount and save you on the interest as well as tenure of the loan.
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