Business Loan Calculator
Estimate monthly payment, total interest, and full amortisation for a business loan. Optional origination fee.
Use the Business Loan Calculator
Enter loan amount, APR, and term. Optionally add origination fee. Toggle the amortisation schedule on or off.
Loan inputs
Principal, APR, term. Optional origination fee.
Results
Monthly payment
$2,028
Total interest
$21,658
Total cost
$121,658
Payoff (approx.)
Feb 2031
| # | Payment | Principal | Interest | Balance |
|---|---|---|---|---|
| 1 | $2,028 | $1,361 | $667 | $98,639 |
| 2 | $2,028 | $1,370 | $658 | $97,269 |
| 3 | $2,028 | $1,379 | $648 | $95,890 |
| 4 | $2,028 | $1,388 | $639 | $94,501 |
| 5 | $2,028 | $1,398 | $630 | $93,104 |
| 6 | $2,028 | $1,407 | $621 | $91,697 |
| 7 | $2,028 | $1,416 | $611 | $90,281 |
| 8 | $2,028 | $1,426 | $602 | $88,855 |
| 9 | $2,028 | $1,435 | $592 | $87,419 |
| 10 | $2,028 | $1,445 | $583 | $85,975 |
| 11 | $2,028 | $1,454 | $573 | $84,520 |
| 12 | $2,028 | $1,464 | $563 | $83,056 |
| 13 | $2,028 | $1,474 | $554 | $81,582 |
| 14 | $2,028 | $1,484 | $544 | $80,098 |
| 15 | $2,028 | $1,494 | $534 | $78,605 |
| 16 | $2,028 | $1,504 | $524 | $77,101 |
| 17 | $2,028 | $1,514 | $514 | $75,587 |
| 18 | $2,028 | $1,524 | $504 | $74,064 |
| 19 | $2,028 | $1,534 | $494 | $72,530 |
| 20 | $2,028 | $1,544 | $484 | $70,986 |
| 21 | $2,028 | $1,554 | $473 | $69,431 |
| 22 | $2,028 | $1,565 | $463 | $67,867 |
| 23 | $2,028 | $1,575 | $452 | $66,291 |
| 24 | $2,028 | $1,586 | $442 | $64,706 |
Showing first 24 months.
What this means
The calculator shows your fixed monthly payment and how much goes to interest vs principal over time. Use it to compare loan offers and plan cash flow.
How to interpret
Total interest plus principal plus fees is your full cost of borrowing. Lower APR or shorter term reduces total interest.
FAQs
How is the payment calculated?▾
Standard amortisation: monthly payment = P × r × (1+r)^n ÷ ((1+r)^n − 1), where P is principal, r is monthly rate (APR/12), n is number of payments.
What is origination fee?▾
A one-time fee charged by the lender, often as a % of the loan. It increases the effective cost; enter it to see total cost including the fee.
Can I add extra payments?▾
This version assumes a fixed payment. For extra payments you’d need to run a separate amortisation or use a calculator that supports them.
Related tools
Browse all calculators on NetGrow.