Business Loan Calculator
Business Loan Calculator
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Business Loan Details
Additional Costs
One-time fee (0-5% of loan amount)
Compare Loan Terms
Loan Summary
Monthly Payment
$4,718.8
5 years at 8.50% APR
Loan Details
Total Cost
First Year Payment Breakdown
| Month | Principal | Interest | Balance |
|---|---|---|---|
| 1 | $3,089.64 | $1,629.17 | $226,910 |
| 2 | $3,111.52 | $1,607.28 | $223,799 |
| 3 | $3,133.56 | $1,585.24 | $220,665 |
| 4 | $3,155.76 | $1,563.05 | $217,510 |
| 5 | $3,178.11 | $1,540.69 | $214,331 |
| 6 | $3,200.62 | $1,518.18 | $211,131 |
| 7 | $3,223.29 | $1,495.51 | $207,908 |
| 8 | $3,246.12 | $1,472.68 | $204,661 |
| 9 | $3,269.12 | $1,449.68 | $201,392 |
| 10 | $3,292.27 | $1,426.53 | $198,100 |
| 11 | $3,315.59 | $1,403.21 | $194,784 |
| 12 | $3,339.08 | $1,379.72 | $191,445 |
Early payments are mostly interest. Principal portion increases over time.
Principal vs Interest Over Time
Term Comparison
Loan Balance Over Time
💼 Business Loan Tips
- •Compare bank loans, SBA loans, and online lenders
- •Prepare financial statements for faster approval
- •Consider cash flow when choosing term length
- •Build business credit for better rates
- •Understand prepayment penalties before signing
💡 Tips
- • Banks typically offer lower rates than online lenders
- • SBA loans have competitive rates but longer approval times
- • Consider your business cash flow when choosing term length
- • Build business credit to qualify for better rates
- • Keep financial statements organized for faster approval
⚠️ Important Considerations
- • Personal guarantee may be required
- • Business loans often have prepayment penalties
- • Revenue and time in business affect eligibility
- • Some lenders require collateral for larger loans
Frequently Asked Questions
Common questions about the Business Loan Calculator
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⚠️ Important Disclaimer
This Business Loan Calculator provides estimates for educational and informational purposes only. Actual results may vary significantly based on individual circumstances, market conditions, regulatory changes, and other factors beyond the scope of this calculator.
The calculations and projections provided are based on assumptions and historical data that may not reflect future performance.Past performance does not guarantee future results.
This tool is not financial advice, tax advice, legal advice, or investment advice. For personalized guidance tailored to your specific situation, please consult with qualified professionals including:
- Certified Financial Planner (CFP)
- Certified Public Accountant (CPA) for tax matters
- Licensed attorney for legal matters
- Registered Investment Advisor (RIA) for investment decisions
Data Accuracy: All data sources, statistics, and rates were verified as accurate as of October 2025. Tax rates, market conditions, and other financial data change over time. Always verify current rates and consult official sources.
No Warranties: While we strive for accuracy, we make no warranties or guarantees regarding the accuracy, completeness, or reliability of any information provided. Use this tool at your own risk.