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Business Loan Repayment Calculator

Calculate your monthly payment, total interest, and full cost of a business loan.

Enter loan details

$

The principal amount you are borrowing

%

The APR stated on your loan agreement

Common terms: 12 (1yr), 36 (3yr), 60 (5yr), 84 (7yr)

Formula (Amortization)

M = P × [r(1+r)ⁿ] ÷ [(1+r)ⁿ − 1]

Where r = monthly rate, n = number of payments

Results

Enter loan details to see your repayment schedule

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Your real numbers, updated in real time - no manual calculation needed.

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