Financing decisions often come down to numbers
Loan and Repayment Calculator
Our Loan & Repayment Calculator is a simple tool to estimate what a loan might cost you and how affordable it would be for your business.
How it works:
Monthly Repayment Amount:
How much you’d need to pay each month if the loan is repaid in equal installments (it assumes a typical amortizing loan where each payment covers interest and principal)
Total Interest Payable:
How much interest you will pay over the life of the loan, and the total cost of the loan (principal + interest).
Amortization Schedule (optional detail):
A table breakdown showing how each payment is split into interest and principal, and the remaining balance over time.
Use Cases:
- If you are considering taking an IDC loan or an NEF loan, you can plug in the amount and an approximate interest rate (say IDC offers at prime + 2%, you’d put that in) and see what your cash flow commitment looks like.
- If you think you might get a bank loan as part of your funding mix, use this to ensure you can afford the repayments given your projected income. It can prevent you from over-borrowing.
- Compare scenarios: for instance, what if you take a shorter tenure vs a longer tenure? The calculator will show that a shorter loan period means higher monthly payments but less total interest, whereas a longer period reduces monthly payments but you pay more interest overall.
Important: The calculator provides estimates. Actual loan terms may differ, especially if there are structuring fees or variable rates, but it gives a close approximation to guide your decisions.)
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Find Funding That Fits Your Business
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Use the following tools to help you apply:
