Business Loan Calculator
Enter your loan details to see monthly payments, total interest, and the true cost of borrowing.
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APR (Annual Percentage Rate)
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One-time fee charged at loan closing
Loan Summary
Monthly Payment
$0
Total Interest
$0
Total Cost of Loan
$0
Principal + Interest + Fees
Effective Interest Rate
0%
True cost including fees
Payment Breakdown
Principal: 0%
Interest: 0%
Fees: 0%
Amortization Schedule
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Understanding Business Loans
Monthly Payment is your fixed payment amount, calculated using the loan amount, interest rate, and term.
Total Interest is how much you'll pay beyond the original loan amount over the life of the loan.
Origination Fee is a one-time charge (usually 1-5%) taken from your loan proceeds. A $50,000 loan with a 2% fee means you receive $49,000.
Typical Business Loan Rates (2026)
SBA 7(a) Loans Prime + 2.25-4.75%
Bank Term Loans 6-13%
Online Lenders 9-99%
Equipment Financing 4-30%
💡 Loan Shopping Tip
Always compare the total cost of loan, not just monthly payments. A lower rate with high fees can cost more than a higher rate with no fees.