Business Loan Calculator

Estimate business loan with transparent assumptions.

Loan amount

Nominal interest rate

Compound

times/year

Loan term

years

Payments

times/year

Origination fee

Documentation fee

Other fees

PERIODIC PAYMENT$1,933.28

Compounds 12 times and pays 12 times per year; Total of 60 loan payments: $115,996.81; Interest: $15,996.81; Interest + fee: $18,496.81; Real rate (APR): 3.70%.

Estimate based on the values shown

Formula checkedConverts the nominal rate from the selected compounding frequency to the selected payment frequency, then amortizes the loan and includes lender fees.

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Useful next steps

$LoanEstimate loan with transparent assumptions→%APREstimate apr with transparent assumptions→$RepaymentEstimate repayment with transparent assumptions→