A business loan calculator is a financial tool that estimates loan repayments, total interest, and overall cost based on your loan amount, interest rate, loan term, repayment frequency, and applicable fees. It helps business owners plan borrowing more effectively and compare financing options.
This Business Loan Calculator helps you estimate repayments, total payback, interest, and fees based on your loan amount, interest rate, term, and repayment schedule. It’s built for people who want quick answers to funding scenarios.
- Input: Loan amount, interest rate, term, fees
- Output: Monthly/weekly repayment, total cost, APR
- Use it for: Comparing lender offers, projecting loan affordability
Business Loan Calculator
How to Interpret Your Results
- Payback per cycle: This is your estimated regular repayment based on frequency selected (e.g. monthly, weekly).
- Total of loan payments: Total principal and interest repaid over the loan term.
- Interest paid: The extra cost incurred for borrowing.
- Interest + fees: A true view of cost including lender and admin charges.
- Real APR: The effective interest rate after fees, expressed annually.
What Impacts Your Repayment Amount?
| Factor | Description | Effect on Cost |
|---|---|---|
| Loan Amount | The amount you borrow | Higher loan = higher cost |
| Interest Rate (APR) | Annual cost of borrowing, excluding fees | Higher APR = higher cost |
| Loan Term | Length of time to repay the loan | Longer term = more interest |
| Repayment Frequency | Weekly, fortnightly, or monthly repayments | Affects total payments |
| Origination Fee | Lender’s setup cost as a % of loan | Increases upfront cost |
| Documentation/Other Fees | Extra charges included in total cost | Raises real APR |
Business Loan Scenarios and What They Mean
How much will a $50,000 business loan cost?
Use the calculator above and input $50,000, choose your rate and term. You’ll see exact repayment estimates and total cost.
What’s the difference between APR and APY?
APR includes fees but not compounding. APY reflects compounding over the year. This calculator uses APR by default.
How do origination fees affect loan cost?
They increase your total loan cost and effective APR, especially for short-term loans.
What’s the cheapest way to repay a business loan?
Choose a shorter term, lower APR, and monthly repayments to reduce interest paid.
Can I use this for startup funding?
Yes. As long as you know your expected interest rate and fees, this tool works for any business purpose.
What if I repay weekly instead of monthly?
You’ll make more payments per year, which may reduce total interest depending on how compounding is applied.
How accurate is this calculator?
It’s designed for close estimates using standard amortisation formulas. Actual lender quotes may differ slightly.
Does this support interest-only loans?
No. This calculator assumes principal + interest repayments only.
Key Terms Used in This Business Loan Calculator
| Term | Definition | Role |
|---|---|---|
| Principal | The original loan amount borrowed | Input |
| APR | Annual cost including fees | Output |
| Repayment Frequency | How often payments are made | Input |
| Origination Fee | % charge added by the lender | Input |
| Total Payback | Full amount repaid over the loan term | Output |
Frequently Asked Questions
Can I use this calculator for startup loans?
Yes. This calculator works for any business loan where the rate and term are known.
Will this give the exact number a lender quotes?
No, but it will be very close. Use it for comparison purposes. Lender quotes may vary slightly due to rounding or daily interest.
Does it support balloon payments or interest-only loans?
Not at this time. It is designed for standard amortising loans.
Can I save and come back later?
Yes. Use the “Save this calculation” button to store your inputs in your browser.