Business Loan Calculator
Estimate your monthly payment and total interest on an SBA, term, or equipment loan.
Monthly payment
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Total interest
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Total cost
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How this business loan calculator works
Enter the loan amount, rate, and term to see your estimated monthly payment and total interest using standard fixed-rate amortization — the same math used for an SBA 7(a) loan, a term loan, or an equipment loan from a bank or online lender. Working capital and equipment loans commonly run up to 10-year terms, while loans that include real estate can stretch to 25 years — adjust the term to match what you're financing.
A note on the default rate
The default rate reflects a recent typical range for SBA 7(a) loans, which run roughly 9.75%–14.75% depending on loan size, structure, and whether the rate is fixed or variable ( source). Non-SBA bank and online lenders can run both lower and considerably higher depending on your credit, revenue, and time in business — use the actual rate a lender quotes you for an accurate picture.