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Business Loan Calculator

Estimate the monthly payment, total interest and total repayment on a business term loan.

Inputs

USD
%

Result

Monthly Payment

$2,100.19

60 payments

Total Interest$26,011.17
Total Repayment$126,011.17
Loan Amount$100,000.00

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Formula

EMI = P × r × (1 + r)^n / ((1 + r)^n − 1), where P is the loan amount, r is the monthly rate (APR ÷ 12 ÷ 100) and n is the term in months.

How it works

A business loan calculator estimates the fixed monthly payment, total interest and total repayment on a business term loan based on amount, APR and term.

Example

Example: A $100,000 business loan at 9.5% APR for 5 years produces a monthly payment of $2,100.19, total interest of about $26,011.40 and total repayment of about $126,011.40.

Frequently Asked Questions

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Disclaimer: Results are estimates for informational purposes only and should not be considered financial, medical, legal, or professional advice. Always consult a qualified professional before making decisions.