Business Loan Calculator

Estimate periodic payments and total cost of a business loan including origination and documentation fees.

Your Result

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ResultWhat it means?
Low interest costLow interest costInterest paid is low relative to the loan principal.
Typical interest costTypical interest costInterest paid is typical for a business loan.
High interest costHigh 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.