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Calculate business loan payments, total interest and total cost for term loans with any amount, rate and term, plus monthly cash flow impact.
Calculate business loan payments, total interest and total cost for term loans with any amount, rate and term, plus monthly cash flow impact.
Enter values above and click Calculate — results will appear here with the formula explained.
This is the standard amortizing business term loan payment, spreading principal and interest evenly over the term. Total paid is payment × months, interest is total minus principal.
It assumes fixed rate, no fees, and monthly payments. For lines of credit or variable rates, use this as a baseline and adjust rate sensitivity.
This is term loan amortization. SBA 7(a) loans add guarantee fees (2-3.5%) and longer terms up to 25 years for real estate. Line of credit and MCA are not amortizing — this is not for them. For business YMYL decisions, compare total cost of capital (APY incl fees) and ensure debt-service coverage ratio >1.25 with your accountant.
Calculate business loan payments, total interest and total cost for term loans with any amount, rate and term, plus monthly cash flow impact. Formula: Payment = P*r*(1+r)^n/((1+r)^n-1) where r=APR/12, n=years*12.
This is the standard amortizing business term loan payment, spreading principal and interest evenly over the term. Total paid is payment × months, interest is total minus principal.
It assumes fixed rate, no fees, and monthly payments. For lines of credit or variable rates, use this as a baseline and adjust rate sensitivity.
This is term loan amortization. SBA 7(a) loans add guarantee fees (2-3.5%) and longer terms up to 25 years for real estate. Line of credit and MCA are not amortizing — this is not for them. For business YMYL decisions, compare total cost of capital (APY incl fees) and ensure debt-service coverage ratio >1.25 with your accountant.
With $100,000 at 8.5% for 7 years, payment is about $1,582/mo, total interest about $32,900, total paid $132,900.
Formulas are standard public references (see our methodology). External standards are cited in the text where they apply.
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