Business Loan Calculator

Estimate business loan payments and costs easily with our calculator.

Inputs

Loan amount

Please enter an amount greater than 0.

Principal you plan to borrow (must be greater than 0).

Annual interest rate

Enter a rate between 0 and 100.

Nominal annual percentage rate (APR).

Loan term

Length of the loan.

Repayment frequency

How often you make payments.

Extra payment per period (optional)

Additional amount paid each period toward principal.

Upfront fees (optional)

Origination or processing fees paid upfront (not financed).

Start date

Used to estimate payoff date based on frequency.

Results

Payment per period

$0.00

Excludes extra payment

Total interest

$0.00

Across all payments

Total of payments

$0.00

Principal + interest (excludes upfront fees)

Estimated payoff date

—

Based on schedule & start date

Summary

Metric	Value
Loan amount	$0.00
APR	0.00%
Term	—
Repayment frequency	—
Extra per period	$0.00
Upfront fees	$0.00
Number of payments	0
Total cost (incl. upfront)	$0.00

Visual breakdown

Amortization schedule

Shows full schedule; scroll for more.

#	Date	Payment	Interest	Principal	Extra	Balance

How payments are calculated

Payment (r > 0):
Payment = P × r ÷ (1 − (1 + r)⁻ⁿ)
Payment (r = 0):
Payment = P ÷ n
Amortization:
Each period: interest = balance × r; principal = payment − interest.
Extra payments:
Extra amount goes directly to principal and can shorten the term.

What is an Online Business Loan Calculator?

An Online Business Loan Calculator is a tool that helps business owners estimate the monthly payment, total interest, and overall cost of a business loan. By inputting the loan amount, interest rate, and repayment term, users can get a clear picture of how much they will need to pay and manage their finances effectively.

How to Use an Online Business Loan Calculator?

Enter the Loan Amount:
- Specify the total amount of money you intend to borrow.
Provide the Interest Rate:
- Input the annual interest rate associated with the loan.
Choose the Loan Term:
- Select the repayment period in months or years.
Include Additional Details (Optional):
- Some calculators allow for advanced inputs like fees, balloon payments, or prepayments.
Click Calculate:
- The calculator will generate key details such as monthly payment, total interest, and total cost of the loan.
Review the Results:
- Use the results to assess affordability and plan your repayment strategy.

Frequently Asked Questions-

What information do I need to use a Business Loan Calculator?
- You need the loan amount, interest rate, and loan term. Advanced calculators may require additional details like fees or payment structures.
Can a Business Loan Calculator determine if I qualify for a loan?
- No, the calculator estimates costs and payments but does not assess creditworthiness or loan eligibility.
Does a Business Loan Calculator include additional fees?
- Some calculators allow you to input extra fees like origination fees or closing costs to provide a more accurate estimate.
Can I use a Business Loan Calculator for variable interest rates?
- Most calculators are designed for fixed-rate loans. For variable rates, you may need to manually adjust the inputs based on projected rate changes.
How does a Business Loan Calculator help my business?
- It helps you understand the financial impact of a loan, compare different loan options, and plan your budget effectively to avoid overextending your resources.