Business Finance
Business Loan Calculator
Estimate the full cost of a term loan for your business before you apply, including common upfront fees.
Business Loan Calculator
Adjust the figures to update your estimate.
- Payment
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- Total interest
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- Total repayment
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- Additional estimate
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Amortization schedule
| Payment | Principal | Interest | Balance |
|---|
How this calculator works
Enter realistic numbers for your situation. The calculator updates immediately to give you an estimate you can use for planning and comparing options.
Formula explained
Payment is calculated from principal, the periodic interest rate and the number of payments. Upfront fees are shown separately so the payment estimate remains transparent.
Example calculation
A $50,000 loan at 10% over five years has an estimated payment of about $1,062 per month before any fees.
Factors that affect your result
- Interest rate, compounding and repayment frequency
- Origination, documentation and other fees
- Repayment term and whether the rate is fixed or variable
Frequently asked questions
Is the Business Loan Calculator free to use?
Yes. This calculator is free, requires no sign-up, and gives an estimate instantly.
Are the results a loan offer?
No. Results are educational estimates. A lender's rates, fees, underwriting and payment terms may differ.
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Read our guides on working capital loans and business debt consolidation.