Estimate the monthly payment and total interest on a business loan.
How business loan is worked out
Enter the amount, rate and term to see the monthly payment and total cost of a business loan. It uses standard amortization.
Try it with these numbers
As an example, with a loan amount of 250,000, the calculator returns a monthly payment of $1,580.17. Underneath, Monthly payment comes out at $1,580.17 and Total paid at $568,861.22. Change any field and every figure updates as you type.
Getting your answer
- Enter your figures in the fields provided.
- The result updates as you type.
- Review the breakdown below the main number.
The maths behind it
payment = P × r ÷ (1 − (1+r)⁻ⁿ)
Common questions
Does this include a balloon payment?
No — it models a fully amortizing loan. Balloon structures differ.
What about fees?
Add fees with the APR calculator for the true cost.