Business Loan Payment Calculator
See your monthly payment, total interest and total repayment in seconds, so you can plan your next move with confidence. Results are estimates for planning, not a quote or financing offer.
Loan details
Enter any amount from $1,000 to $5,000,000.
Enter the annual interest rate you want to model, ideally from a written financing proposal.
Enter the term you want to model, up to 360 months.
Your estimated payment
Estimates only. This calculator uses standard fixed-rate amortization math. It does not model changing line-of-credit balances, interest-only periods, balloon payments, factoring fees, merchant-cash-advance factor rates, provider fees, or closing costs. Financing providers independently determine eligibility, approval, pricing, terms, and payments through underwriting.
How business financing costs are commonly expressed
Not every offer is priced the same way. A rate on one proposal may not compare directly with a factor on another, so here is what to look at for each type of business funding.
| Financing type | Pricing commonly shown as | Important comparison points |
|---|---|---|
| SBA Financing | Interest rate and APR | Rate type, maturity, payment schedule, provider fees, eligible uses, collateral and program requirements |
| Equipment Financing | Interest rate, APR, or lease payment | Down payment, financed amount, term, payment frequency, lien, residual value and purchase option |
| Term Business Loans | Interest rate and APR | Origination fee, net proceeds, payment frequency, amortization, maturity and prepayment provisions |
| Business Line of Credit | Interest rate or APR on drawn funds | Draw fees, maintenance fees, renewal terms, repayment method, minimum draws and unused-line provisions |
| Commercial Real Estate | Interest rate and APR | Points, closing costs, amortization, maturity, balloon structure, loan-to-value and coverage requirements |
| Invoice Factoring | Discount or factoring fee | Advance rate, reserve, fee period, aging, minimums, recourse terms and customer-notification requirements |
| Merchant Cash Advance | Factor rate and total purchased amount | Total payback, net proceeds, remittance frequency, estimated repayment period and reconciliation provisions |
Pricing terminology varies by product and provider. A factor rate is not an interest rate or APR, and a fee quoted per period should not be interpreted as an annual percentage. Request the full payment schedule, total repayment, net proceeds, all fees, and applicable prepayment terms before comparing proposals.
How to use the business loan calculator
1. Enter your loan amount
Start with what you need to hit your goal: new equipment, a new location, inventory or a cash reserve.
2. Add a rate and term
Use the rate from a written proposal if you have one, or test a few rates. A shorter term usually means a higher payment and less total interest; a longer term lowers the payment and adds interest. Fees, variable rates, interest-only periods and balloon payments are not modeled here.
3. Check the payment against your cash flow
Your monthly payment, total interest and total repayment show what the loan really costs. When the numbers work, apply online and get your real funding options.
Ready to turn your estimate into funding?
One secure application, under 10 minutes, no application fee and no hard credit pull to check your options. Business funding for established companies in all 50 states, in English or Spanish.