Small Business Loan Calculator
Planning to finance equipment, inventory, or expansion? Enter your loan amount, interest rate, and repayment term to see your estimated monthly payment and total interest costs.
About this calculator
Calculate monthly payments, total interest, and total repayment cost for a small business loan based on amount, rate, and term.
Frequently Asked Questions
What's included in the total repayment cost?
It combines total principal and interest payments plus the upfront origination fee, which many lenders deduct from the loan proceeds or add to closing costs.
Does this work for SBA loans?
Yes, you can use this for a general estimate, but SBA loans often have unique fee structures and variable rates — check with your lender for exact terms.
How does loan term affect total cost?
A longer term lowers your monthly payment but increases the total interest paid over the life of the loan. A shorter term raises payments but reduces overall interest cost.