Business Loan Calculator

Estimate monthly payments for business financing

Enter the amount you plan to borrow, annual interest rate, and repayment term to see estimated monthly payment, total payback, and interest. This works for many business loan types that amortize like a term loan (fixed rate, equal payments). For consumer borrowing, use our personal loan calculator; for property, use the mortgage calculator; for vehicles, see the car loan calculator or auto loan calculator.

Currency

Business loan amount

Interest rate (% per year)

Loan term (months)

Monthly Payment

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Total Payment

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Total Interest

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This business loan calculator provides an estimate for informational purposes only. It does not constitute financial or legal advice. Return to the LoanWise home page.

How Business Financing Payments Work

Many business loans—such as term loans, some equipment loans, and expansion financing—use a fixed interest rate with equal monthly payments until the balance is repaid. Your payment depends on the funded amount, the annual rate, and the term. Lines of credit, merchant cash advances, invoice financing, and balloon structures work differently; this calculator models standard amortizing debt like a typical term loan. Always review your promissory note, covenants, and any guarantees with your lender or advisor.

Common Uses for Business Loans

Owners use business financing to buy equipment, increase inventory, smooth cash flow, refinance expensive debt, or fund growth when sales outpace working capital. Lenders often look at revenue, time in business, credit history, and collateral (for secured loans). Rates and fees vary widely by product and risk—compare APR or total cost of credit, not just the monthly payment. For general amortization in any currency, you can also use our main loan calculator.

Frequently Asked Questions

Does this calculator include fees or an origination charge?

No. Enter the net amount you borrow, or add fees into the principal field if they are financed. Your lender’s disclosure will show the full cost of credit.

Can I use this for an SBA or government-backed business loan?

If your loan amortizes with fixed monthly principal-and-interest payments, the math is the same. SBA programs have their own fees, guarantees, and terms—confirm details with your lender.

What if my business loan has interest-only or variable rates?

Interest-only periods lower early payments but change the payoff schedule. Variable rates move with an index. This tool assumes a fixed rate and full amortization over the term you enter.