Business Loan Calculator
Estimate periodic payments and total cost of a business loan including origination and documentation fees.
Your Result
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| Result | What it means? |
|---|---|
| Low interest cost | Low interest costInterest paid is low relative to the loan principal. |
| Typical interest cost | Typical interest costInterest paid is typical for a business loan. |
| High interest cost | High interest costInterest paid is high relative to principal. |
| — | No clear resultEnter loan details to see the cost comparison. |
Business loan payment formula
Periodic payment=P · r(1+r)^n / ((1+r)^n − 1)
Periodic payment formula uses the effective periodic interest rate derived from the APR and compounding frequency.
- APR is the nominal annual percentage rate; the effective annual rate depends on the compounding frequency.
- Origination and other fees affect net proceeds and the loan's total cost.