Business Loan Calculator
Monthly payment, total interest, and the all-in cost of an amortized business term loan — with the origination fee counted honestly, whether you pay it upfront or finance it into the principal.
Loan terms
Example: $150,000 at 9% for 10 years → $1,900.14/mo.
The fee, counted both ways
A $150,000 term loan at 9% over 10 years costs $1,900.14 a month and $78,016 in interest. Add a $3,000 origination fee paid upfront and the all-in cost is $231,016. Finance that same fee into the loan instead, and the payment rises to $1,938.14 with $79,577 of interest — an all-in cost of $232,577, $1,560 more, because interest accrues on the fee for the full term. Both figures come from the same tested engine as the calculator above. To translate a fee into an effective annual rate, the APR Calculator does exactly that conversion.
Where SBA programs fit
If a bank offer looks expensive, lenders may also offer loans guaranteed by the U.S. Small Business Administration. Two programs come up most: 7(a), the SBA's primary program, where the rate is negotiated with the lender but subject to SBA maximums pegged to a base rate, with SBA guaranty fees published each fiscal year; and 504, long-term fixed-rate financing for major fixed assets (buildings, land, long-lived equipment), priced at an increment above the market rate for 10-year U.S. Treasury issues. Program fees and rate caps change over time, so this calculator hardcodes none of them — enter the rate, term, and fees from an actual quote, and verify current program terms with your lender or at sba.gov.
Comparing offers
Two quotes with the same rate can differ thousands of dollars once fees are counted, and a longer term always lowers the payment while raising total interest. Compare offers on the all-in cost this calculator reports, not the payment alone. For a plain fixed-rate loan without the fee handling, the Loan Calculator covers auto, personal, and general lending.
Frequently asked questions
What does the origination fee do to the cost?
Paid upfront, it is a one-time addition to the total cost of borrowing — the calculator shows it as part of the all-in figure. Financed into the loan, it raises the principal, so the payment goes up and you pay interest on the fee for the whole term, which costs more overall. The toggle lets you compare both treatments with your own numbers.
What rate and term should I enter?
Whatever your lender quotes — business-loan pricing varies widely with revenue, time in business, collateral, and credit, so there is no standard rate to assume. Enter each written offer here to make them comparable on payment, interest, and all-in cost.
What are SBA loans, briefly?
The U.S. Small Business Administration guarantees certain loans made by participating lenders. Under the 7(a) program, rates are negotiated between borrower and lender but subject to SBA maximums pegged to a base rate, and SBA publishes its guaranty fees each fiscal year — so the numbers change. The 504 program provides long-term fixed-rate financing for major fixed assets, pegged to an increment above 10-year U.S. Treasury rates. Verify current terms with your lender or at sba.gov before planning around them.
Does this calculator handle SBA fees or caps?
No — deliberately. SBA program fees and rate maximums are updated by the agency (fee schedules are published each fiscal year), so hardcoding them would go stale. Enter the actual rate and fees from your lender's written offer, whatever program it belongs to, and the math here stays honest.
Not financial advice: a general educational estimate. Business-loan pricing, eligibility, and program terms are lender-specific and change over time — rely on written offers and primary sources. Values are processed locally in your browser and never transmitted. See the methodology page.