Business Loan Calculator
Calculate monthly payments, total interest, and repayment schedule for small business loans and SBA loans.
Input Parameters
Results
Business Loan Types
SBA loans offer favorable rates and longer terms (up to 25 years for real estate). Term loans are best for one-time purchases. Lines of credit work for working capital. Always compare APR — not just interest rate — across lenders.
What is the Business Loan Calculator?
The Business Loan Calculator helps entrepreneurs and small business owners forecast the monthly overhead cost of securing commercial financing for equipment, real estate, or operating capital.
How It Works (Formula)
Business loans generally operate on standard amortization schedules, but often have much shorter terms (3 to 10 years) and higher interest rates than residential mortgages. The tool calculates the fixed monthly installment required to zero out the principal and interest.
$$ A = P \frac{r(1+r)^n}{(1+r)^n - 1} $$
The standard amortization formula for commercial term loans.
How to Use It
Enter the required loan amount to fund your business. Input the term length (in months or years) and the quoted interest rate from the bank. The calculator will generate your monthly payment and the total cost of capital.