Business Loan Calculator

Calculate business loan monthly payments, total interest, and total cost.

Monthly Payment

$2,027.64

Total Payment

$121,658.37

Total Interest

$21,658.37

What Is the Business Loan Calculator?

Calculate business loan payments, total interest, and compare SBA, term, and line of credit options. See amortization schedules and the true cost of borrowing.

How to Use

Using the business loan calculator is simple:

  • Enter your values in the input fields
  • Click the calculate button
  • View your results instantly

Tips

  • Double-check your inputs for accurate results
  • This tool provides estimates - consult a professional for important decisions
  • Save your results for future reference

Frequently Asked Questions

What is a good interest rate for a business loan?+
As of 2026, a good rate for good credit is 6-10%. SBA loans run 7-9%. Traditional bank loans are 5-8%. Online lenders and alternative financing may be 10-25%+. Rates depend on credit, revenue, and time in business.
What is the difference between business and personal loans?+
Business loans are used for business purposes (equipment, working capital, expansion) and are typically based on business revenue and credit. Personal loans are for personal expenses and based on personal credit. Business loans may require a personal guarantee.
What are typical business loan terms?+
Working capital loans: 6 months - 2 years. Equipment loans: 3-10 years (matched to equipment life). Real estate loans: 10-25 years. SBA 7(a) loans: up to 10 years for working capital and 25 years for real estate.
Do I need collateral?+
Loans over $250,000 typically require collateral. SBA loans require collateral worth more than 25% of the loan amount. Equipment loans use the equipment as collateral. Lines of credit may be unsecured.

Related Tools

Loan CalculatorROI CalculatorBreak Even CalculatorProfit Margin Calculator

Business Loan Calculator — free online free online tools, free calculator, online calculator, developer tools, design tools, finance calculator, health calculator, no signup tools, browser tools, business loan calculator, small business loan calculator, SBA loan calculator, business loan payment calculator, commercial loan calculator, business financing calculator. No signup required. Works in your browser.