Business Loan Calculator
Estimate your monthly payments, total cost, and interest for any business loan — in seconds. Adjust the sliders to model different scenarios before you apply.
Typical rates: SBA loans 6–13% · Term loans 7–30% · Online lenders 10–36% · Rates depend on credit score, revenue, and lender.
Monthly Payment
$1,578.38
for 36 months
Total Repaid
$56,821.57
$50K borrowed
Total Interest
$6,821.57
12.0% of total cost
Cost Breakdown
Ready to find the right lender?
Compare top business loan options for your situation.
How to Use This Business Loan Calculator
Enter three numbers and the calculator does the rest. Loan amount is how much you need to borrow. Annual interest rate is the rate your lender quotes (not APR, which includes fees). Loan term is how many months you have to repay.
The calculator uses the standard amortising loan formula, which means early payments are mostly interest and later payments are mostly principal. Toggle the amortisation schedule to see exactly how your balance drops month by month.
What Affects Your Business Loan Payments?
Loan Amount
More borrowing = higher monthly payments and more total interest. Only borrow what you need — lenders look at your debt-to-income ratio.
Interest Rate
Even a 2% rate difference on a $100K loan can mean thousands in extra interest over the term. Good credit scores unlock lower rates.
Loan Term
Longer terms reduce monthly payments but increase total interest paid. Shorter terms cost more each month but save money overall.
Types of Business Loans and Typical Rates
| Loan Type | Typical Rate | Term | Best For |
|---|---|---|---|
| SBA 7(a) Loan | 6–13% | Up to 10 yrs | Most small businesses |
| SBA 504 Loan | 5–10% | 10–25 yrs | Equipment & real estate |
| Term Loan (bank) | 7–20% | 1–5 yrs | Established businesses |
| Online Term Loan | 10–35% | 3–36 mo | Fast funding needs |
| Business Line of Credit | 8–25% | Revolving | Working capital |
| SBA Microloan | 8–13% | Up to 6 yrs | Startups, <$50K needs |
Disclaimer: This calculator provides estimates only and does not constitute financial advice. Actual loan terms depend on your lender, credit profile, and business financials. Consult a financial advisor or lender before making borrowing decisions.