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Business Loan Calculator

Calculate business loan payments for SBA, term loans, and equipment financing.

$25,000
$
7.5%
%
60 months
months
Monthly Payment
$500.95
Total Interest
$5,057
Total Repayment
$30,057
Interest-to-Principal Ratio
20.2%

How it works

Business loans fund equipment, inventory, expansion, and working capital. SBA 7(a) loans offer rates of prime + 2.25-2.75% with terms up to 25 years. Conventional business loans range from 6-30% depending on business age, revenue, and creditworthiness. Equipment financing uses the equipment as collateral, often at lower rates.

FAQ

What is an SBA loan?

SBA (Small Business Administration) loans are partially guaranteed by the government, allowing banks to offer lower rates and longer terms. SBA 7(a) loans go up to $5M with terms up to 25 years.

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Disclaimer: MoneyCalc provides estimates for educational purposes. These are not financial advice. For significant decisions, consult a licensed financial advisor or tax professional.