Business Loan Calculator
Estimate your monthly business loan repayments and the total cost of borrowing. Enter your loan details in the white box. The purple box updates automatically to show your estimated repayments, interest and fees.
How the Business Loan Calculator works
This calculator estimates repayments for a standard fixed-rate, fully amortizing business loan with equal monthly payments.
Each monthly payment includes principal and interest. As the outstanding loan balance decreases, the interest portion of each payment generally falls while the principal portion increases.
How are monthly business loan payments calculated?
Monthly payments depend on the loan amount, annual interest rate and repayment term. A larger loan or higher interest rate generally increases monthly repayments.
A longer repayment term can reduce the monthly payment, but usually increases the total interest paid over the life of the loan.
What about business loan fees?
Some lenders charge origination, arrangement or other upfront fees. This calculator assumes those fees are paid separately at the start of the loan and are not added to the loan balance.
Upfront fees therefore increase the overall borrowing cost but do not change the calculated monthly payment.
Things to consider
Actual business loans may use variable interest rates, balloon payments, interest-only periods, different repayment schedules or additional fees.
This calculator provides an estimate for a conventional fixed-rate loan. It is not a lending offer or a guarantee of approval.