Business loan calculator
Slide the loan amount, rate and term to see your monthly payment, total interest and total repaid on a fixed-rate business term loan. The calculation assumes equal monthly payments, the standard structure for amortizing term loans.
$10K$5M
6%40%
Monthly payment
PrincipalInterest
Balance remaining
- Total interest
$34,559$34,559 - Total repaid
$184,559$184,559
Fixed rate, equal monthly payments, fees excluded.
Check my real rateHow is this calculated?
- Monthly rate = APR ÷ 12.
- Payment = amount × rate ÷ (1 − (1 + rate)^−months).
- Total interest = payment × months − amount.
P = A · r / (1 − (1 + r)^−n)
Estimates are good. Offers are better.
See your real amount, rate and payment with a soft credit check. Decisions the same day.