Business Loan Calculator — Payment & Total Cost

Business Loan Calculator — Payment, Total Interest and True Cost

Free business loan calculator. Enter amount, rate and term to see the monthly payment, total interest, and total cost of capital — plus weekly and daily equivalents.

Compare the bottom line, not the rate. A 12-month loan at 10% and a 48-month loan at 16% are not comparable on rate at all — one has a payment three times the size, the other costs far more in total. Read the monthly payment and the total dollars repaid together, then decide.

Nothing you type here is sent anywhere. There is no email gate on this tool.

Straight answers

Business Loan Calculator: straight answers

What is the monthly payment on a $100,000 business loan?

At an illustrative 12% rate it is about $3,321 a month over 3 years, or about $2,224 over 5 years. Short-term products with daily or weekly debits cost more per dollar; enter your actual offer above to see your own number.

Is this a business loan EMI calculator?

Yes. EMI (equated monthly instalment) is the same fixed monthly payment this calculator shows: EMI = amount × monthly rate × (1 + monthly rate)^months ÷ ((1 + monthly rate)^months − 1). Enter amount, annual rate and term to get the EMI, total interest and total repaid.

Does the calculator include fees?

Add any origination fee in the fee field and the tool adds it to the total cost of capital. Ask every lender for total dollars repaid including fees — that is the only fair comparison.

Will I qualify for the rate I enter?

The calculator only does the arithmetic. Whether you qualify depends on the lender's criteria — credit, time in business, revenue and cash flow. See the published minimums on our business lending criteria page. Nothing here is a quote or approval.

Business Loan Calculator — Payment, Total Interest and True Cost

Loan payment & total cost

Business Loan Calculator: straight answers

Now see what you actually qualify for