Free · Instant · Interactive
Business Loan Calculator - Payments & Total Cost
Estimate business loan payments, total interest and total cost. Free business loan calculator with amortization summary.
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Your inputs
Compare APR across lenders — fees are included in the true cost.
Your result
Monthly payment
$1,014
Total cost
$60,820
Total interest
$10,820
Daily payment
$33
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FAQ
How is a business loan payment calculated?
Using the standard amortization formula based on loan amount, APR and term. This calculator does it instantly.
What is a good business loan rate?
In 2026, term loans range from ~6% for strong credit to 15%+ for SBA or high-risk lending. Compare APR, not just rate.
What is an SBA loan?
Small Business Administration loans (7a, 504) offer lower rates and longer terms but have stricter qualification and slower funding.
Should I choose a short or long term?
Shorter terms cost less interest but have higher payments. Match the term to the asset you are financing.
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