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Free business tool

Business Loan Calculator

Estimate a fixed monthly loan payment and see the full cost of borrowing.

How it works

A lower monthly payment can come with a longer term and more total interest. Compare both the payment and total repayment before choosing a loan.

Payment is based on principal, monthly interest rate, and number of monthly payments.

Use the result carefully

This result is an estimate. Verify important financial, tax, and business decisions with a qualified professional.

Common questions

Frequently asked questions

How is the monthly payment calculated?

The calculator uses the standard amortizing loan formula with equal monthly payments.

Does the result include fees?

No. Origination fees, insurance, penalties, and other lender charges are not included.

Is this a loan offer?

No. The result is an educational estimate and may differ from a lender quote.