Business Loan Calculator
Estimate the monthly payment on a business term loan, plus the total interest and a full month-by-month amortization schedule. Enter the amount you're borrowing, your APR and the repayment term to see what the financing really costs your business.
How to use it
Enter the loan amount, the APR your lender quoted and the term in years. The calculator returns a fixed monthly payment, the total interest over the life of the loan, and a downloadable schedule that splits every payment into principal and interest.
Business term loans usually run 3 to 10 years; SBA 7(a) loans can stretch longer. A shorter term raises the monthly payment but cuts total interest sharply — use the term selector and the optional extra payment to find the balance between cash flow and interest cost.
Frequently asked questions
What loan amount should I enter?
Enter the principal you're actually borrowing — the financed amount after any down payment or fees that you're paying upfront rather than rolling in. Origination fees deducted from the disbursement reduce the cash you receive but not the amount you repay.
What's a typical business loan term?
Conventional term loans run 1–10 years; SBA loans can go to 10 years for equipment and up to 25 for real estate. Lines of credit and working-capital loans are shorter. Match the term to the life of what you're financing.
How do I lower the total interest?
Borrow less, choose a shorter term, or secure a lower rate with stronger financials or collateral. Adding an extra monthly payment also shortens the loan — enter one above to see the interest saved.
BriskToolbox provides estimates for general information only and is not financial advice.