Business Loan Calculator

How to use

1. Enter the loan amount your business needs.
2. Add the quoted interest rate and repayment term in years.
3. Include the origination fee percentage your lender charges.
4. Read the monthly payment, total interest and total cost with fees.
5. Compare two offers by rerunning each one's rate and fees.

General information only — not medical, financial or legal advice. Figures cross-checked against public official sources (IRS / HMRC / NHS / WHO guidance); content last reviewed September 2026. For decisions that matter, confirm with a licensed professional in your country.

About this tool

Business borrowing is judged on total cost more than on the headline rate, and this calculator adds the pieces up that way. Enter the amount you want to borrow, the rate, a term in years and the origination fee percentage; it returns the monthly principal and interest payment, the interest accumulated across the term, and the all-in cost with fees included. The defaults borrow 150,000 dollars at 9.5 percent over 7 years, producing a payment near 2,452 dollars a month, about 55,900 dollars of interest, and a total cost of roughly 210,400 once a 3 percent origination fee is counted. All figures are estimates based solely on your inputs. Estimates use only the inputs entered; actual SBA and bank loan terms, fees and eligibility vary. Verify with official SBA and lender sources. Not financial or lending advice.SBA 7(a) loans commonly run 10 to 25 years with rates set over a base rate that varies by lender and loan size (approximate; confirm current SBA parameters), while bank term loans and equipment financing use shorter schedules. Origination, packaging and guaranty fees typically add 1 to 4 percent (approximate). Collateral and personal guaranties are standard. Verify terms with official SBA sources.

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