Business Loan Calculator

Calculate loan payments, total interest costs, and create amortization schedules

✓ Monthly payments ✓ Total interest ✓ Amortization

Loan Calculator

Loan Details

Additional Costs (Optional)

About This Calculator

Calculate business loan payments and analyze the total cost of financing

Payment Formula:

PMT = P × [r(1+r)ⁿ] / [(1+r)ⁿ-1]

Common Business Loans

Term Loans: Fixed payments over set period
SBA Loans: Government-backed financing
Equipment Loans: For business equipment
Lines of Credit: Flexible borrowing
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How to Use

  1. Enter the total loan amount needed
  2. Input the annual interest rate
  3. Specify the loan term in years
  4. Choose your payment frequency
  5. Add any additional fees or costs
  6. Review the payment schedule and total costs

Loan Considerations

Interest Rates

Compare rates from multiple lenders to find the best terms.

Cash Flow

Ensure monthly payments fit comfortably in your budget.

Total Cost

Consider the total interest paid over the life of the loan.