Business Loan Calculator
Enter your loan amount, term, and APR to see exactly what you'll pay each month and how much interest you'll pay over the life of the loan.
Typical small business APR ranges from 8% (SBA) to 45% (short-term unsecured).
Email me my results
Get your saved calculation plus a 1-page funding cheat sheet. No spam, unsubscribe anytime.
How this calculator works
- 1
We use the standard amortization formula used by U.S. lenders to compute a fixed monthly payment.
- 2
The schedule shows how much of each payment goes to principal vs. interest as your balance pays down.
- 3
Use this to compare offers from multiple lenders apples-to-apples by total cost, not just monthly payment.
Numbers look good?
See what your business actually qualifies for. It won't impact your credit score.
Frequently asked questions
Is this an estimate?▾
Yes. Actual payments depend on your offered APR, term, fees, and any prepayment terms.
Does APR include fees?▾
Properly stated APR includes most lender fees. Always ask the lender for the APR, not just the interest rate.
Can I pay off early?▾
Most term loans allow prepayment, but some have prepayment fees. Confirm before signing.