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Business Loan Calculator

Calculate business loan payments and compare loan types. See amortization, break-even analysis, and early payoff savings for SBA, term, and equipment loans.

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How to Use Business Loan Calculator

  1. 1Enter the loan amount and interest rate
  2. 2Select the loan type and term
  3. 3View monthly payments and total cost
  4. 4Compare scenarios and payoff options

Frequently Asked Questions

SBA 7(a) loans: 5.5-8%, term loans: 6-30%, lines of credit: 7-25%, and equipment financing: 4-20%. Rates depend on creditworthiness and loan type.

SBA 7(a) is the most common SBA loan program, offering up to $5 million with favorable terms (up to 25 years for real estate, 10 years for other purposes) and competitive rates.

This depends on your business revenue, credit score, time in business, and collateral. Typical ranges: SBA up to $5M, term loans $5K-$500K, lines of credit $10K-$250K.

The Business Loan Calculator is a free online tool that lets you calculate business loan payments for term loans, sba 7(a), lines of credit, and equipment financing. It is part of NexTool's collection of free tools designed to help you work faster and more efficiently.

Using the Business Loan Calculator is simple: visit the tool page, enter your data or input into the provided fields, and get instant results. No downloads, installations, or sign-ups are required. The tool runs directly in your web browser for maximum convenience.

Yes, the Business Loan Calculator is 100% free to use with no limitations. There is no registration required, no daily usage caps, and no hidden fees. You can use it as many times as you need.

The Business Loan Calculator uses industry-standard formulas and algorithms to deliver reliable results. While the tool is designed for accuracy, results should be used as estimates and guidance. For critical decisions, always consult a qualified professional.

Yes, after running your calculation you can copy the results to your clipboard or take a screenshot. The Business Loan Calculator displays a detailed breakdown so you can easily record or share your numbers. No account is required to use or save results.

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About Business Loan Calculator

Calculate business loan payments and compare loan types. See amortization, break-even analysis, and early payoff savings for SBA, term, and equipment loans.

NexTool's Business Loan Calculator is completely free to use with no sign-up required. Your data is processed directly in your browser and never sent to our servers, ensuring complete privacy and instant results.

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Loan Type
Monthly Payment
$2,051.65
Term Loan / 60 months
Total Interest
$23,099.19
Total Cost
$123,099.19
Effective Interest
23.1%
Interest / Principal
23.1%
Cost Breakdown
Principal: $100,000.00 (81.2%)
Interest: $23,099.19 (18.8%)
Break-Even Revenue Analysis
Monthly Revenue Needed
$6,838.84
at 30% profit margin
Daily Revenue Needed
$227.96
at 30% profit margin
Annual Revenue Needed
$82,066
at 30% profit margin
Revenue estimates assume a 30% net profit margin. Adjust for your actual margin: at 20% margin, multiply by 1.5x; at 10% margin, multiply by 3x.
Early Payoff with $500.00/mo Extra
Paid Off In
47 months
13 months sooner
Interest Saved
$5,545.97
New Total Interest
$17,553.22
All Loan Types Comparison ($100,000 requested)
TypeEffective AmtRateMonthlyTotal InterestTotal Cost
Term Loan(selected)$100,0008.50%$2,051.65$23,099$123,099
SBA 7(a)$100,0008.50%$2,051.65$23,099$123,099
Line of Credit$75,0008.50%$531.25$31,875$106,875
Equipment Financing$80,0008.50%$1,641.32$18,479$98,479
SBA 7(a) uses Prime+2.75% rate cap; Equipment uses 80% LTV; Line of Credit shows interest-only at 75% utilization.
Loan Scenario Comparison
ScenarioAmountRateTermMonthlyTotal Interest
Primary$100,0008.5%60mo$2,051.65$23,099.19
Scenario B$150,0007.0%84mo$2,263.90$40,167.77
Scenario C$75,00010.0%36mo$2,420.04$12,121.41
Compare Additional Scenarios
Scenario B
Scenario C
Amortization Schedule