Business Loan Calculator
Estimate payments and financing cost for a business loan.
Inputs
$
%
years
Result
Monthly Payment$1,264.14
Total Interest$255,088.98
Total Paid$455,088.98
About the Business Loan Calculator
The Business Loan Calculator estimates monthly payments and total interest on a small-business or commercial loan (term loan, SBA, or equipment financing).
Calculation method
Standard amortization. Some business loans use simple daily interest; check the note for terms.
M = P × r × (1 + r)^n / ((1 + r)^n − 1)How to use this calculator
- Enter the loan amount and APR.
- Enter the term in years.
- Review monthly payment and total interest.
Example
A $100,000 business loan at 9% for 7 years has a $1,608 monthly payment and $35,065 in total interest.
Frequently asked questions
SBA vs. traditional business loan?
SBA loans have longer terms and lower rates but slower approval and more paperwork. Traditional bank loans are faster but usually more expensive.
What is a personal guarantee?
A pledge that you're personally liable if the business can't repay. Most small-business loans require one.
How much can I borrow?
Lenders look at revenue, cash flow, credit, collateral, and time in business. A common rule of thumb is 10–30% of annual revenue.
Disclaimer: This calculator is for informational and educational purposes only and does not constitute financial, tax, or legal advice. Consult a qualified professional for decisions specific to your situation.