Financing & equipment
What the business loan really costs, month by month
A business loan calculator: owners enter amount, rate and term to see the monthly payment, total interest and total cost.
Included on every plan, even the free Practitioner plan. No card needed.
How do you calculate a business loan payment?
Use the standard amortization formula: the payment that repays the principal plus interest in equal monthly installments over the term. A $100,000 loan at 9% over 5 years costs about $2,076 a month and roughly $24,550 in total interest. Fees and variable rates change the real cost.
When an owner is comparing loan offers
Expansion, equipment or a cash crunch leads owners to lenders. Offers arrive with different rates, terms and fees, and owners want a simple way to compare the monthly impact.
What the client types into a search box
“how much will my business loan payment be”
How a client works through it
Enter the loan amount
Principal borrowed.
Enter the rate
Annual interest rate.
Enter the term
Years to repay.
See the cost
Monthly payment, total interest and total cost.
What lands in your inbox
When a client asks your firm to review the result, the request arrives as a contact record with their inputs and results attached, by email and, on paid plans, by webhook to your CRM.
Received
Amount, rate and term show the size and cost of the borrowing. High rates suggest alternative-lender offers worth comparing; large amounts relative to the business need affordability analysis.
Payment versus total cost
Monthly Payment is the cash flow impact. Total Interest and Total Cost show what the loan costs over its life. Longer terms lower the payment but raise total interest.
Compare offers on both measures, plus fees.
Results shown: Monthly Payment · Total Interest · Total Cost · Loan Amount.
Why firms should see loans before they're signed
Debt shapes cash flow for years. A firm that reviews terms, models affordability and checks covenants protects the owner and strengthens the relationship.
It also feeds into tax planning: interest deductibility and asset purchases.
Follow-ups this request opens
- Compare offers including fees and APR
- Model affordability against cash flow
- Review covenants and personal guarantees
- Plan tax treatment of interest and assets
What this calculator leaves out
- Fixed rate and equal payments.
- Fees not included unless added to the amount.
- No balloon payments.
- Not an APR calculation.
Platform disclaimer shown under the calculator: Estimates only. Business loan rates, fees and terms vary by lender and credit profile. Confirm final figures before borrowing.
Compliance note for firms
Loan comparisons are planning aids; firms recommending specific lenders should disclose any referral arrangements. Keep the calculator neutral.
Not legal advice. See our disclaimer and the guide to compliance for client calculators.
Terms your client sees in the calculator
These definitions appear in the calculator's collapsible Definitions block, so clients don't have to call to ask what a label means.
- Monthly payment
- The fixed amount due each month that repays the loan amount plus interest over the term, assuming a standard fully amortizing loan with level payments. Many business loans follow this structure, but some use interest-only periods, balloon payments or daily and weekly remittances, which this calculator does not model.
- Loan amount
- The principal your business borrows and must repay. Lenders size it against cash flow, collateral and credit history. If the lender deducts an origination or packaging fee from the proceeds, the business receives less than this amount while still repaying all of it, which raises the effective cost.
- Interest rate
- The annual percentage the lender charges on the outstanding balance, before fees. It is not the same as APR, which folds in certain costs. Business loan rates vary widely by lender type, collateral, time in business and credit profile, and some are variable, tied to an index such as the prime rate.
- APR
- The annual percentage rate: the yearly cost of the loan including the interest rate and certain lender fees, spread over the term. It allows a fairer comparison between offers with different fee structures. This calculator uses the interest rate only, so a loan with fees will cost more than the figures shown.
- Loan term
- The number of years over which the loan is scheduled to be repaid. Equipment and working-capital loans tend to be shorter; real estate loans tend to be longer. A longer term lowers the monthly payment but raises total interest, so the choice is a trade-off between monthly cash flow and total cost.
- Amortization
- The schedule by which each payment is split between interest and principal until the balance reaches zero. Early payments are mostly interest; later ones are mostly principal. Some business loans amortize over a longer period than their term and end with a balloon payment of the remaining balance.
Business Loan calculator: questions from firms and clients
Does it include fees?
Add fees to the loan amount for a rough effect.
Is it for SBA loans?
It works for any fixed-rate term loan.
What about variable rates?
Test several rates.
Is interest deductible?
Business interest is generally deductible, subject to limits. Ask the firm.
How do I compare offers?
Compare payment, total cost and fees.
Does it show an amortization schedule?
The live calculator can show the schedule.
Should I choose a longer term?
It lowers payments but costs more interest.
Which plan includes it?
Every plan, including the free Practitioner plan, which runs up to 5 calculators at once alongside the other business tools. Firm (up to 50) and Network (no cap) add webhooks and white-label. See pricing.
No question matches that filter. Clear it to see them all, search the whole site, or ask us directly; we reply within one business day.
Clients who ask this usually ask next
Equipment Buy vs. Lease
should I lease or buy equipment for my business
Cash Flow Budget
how do I make a cash flow budget for my business
Business ROI
is this investment worth it for my business
All “Financing & equipment” calculators · Everything in Business
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Answer the May question before the client calls
Embed the Business Loan calculator on your firm's site in an afternoon and receive requests with the numbers already filled in.
Firm and Network plans include a 14-day trial. Cancel before it ends and you pay nothing.