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Business Loan Calculator

See the real cost of financing — your monthly payment, total interest, and total cost on a business loan.

How much you're borrowing.
Annual percentage rate.
Repayment length.
Monthly payment
Total interest
Total repaid
Cost of borrowing (per $1)

Estimate for a fixed-rate, fully-amortizing loan. Origination fees, factor-rate financing, and variable rates change the real cost — read the terms. General information, not a loan offer.

No sign-up No ads Runs in your browser — your numbers never leave your device

What a business loan really costs

A fixed-rate loan is amortized into equal payments. The total interest — and the cost per dollar borrowed — tell you the true price of the money, which matters far more than the monthly payment alone.

Payment = amount × r ÷ (1 − (1+r)⁻ⁿ)

Quick FAQ

Beware factor rates.

Merchant cash advances and some online lenders quote a "factor rate," not an APR. A 1.3 factor on $50k means $65k repaid — often a very high effective APR. Convert everything to APR to compare.

Does a shorter term cost less?

Yes — less time accruing interest means lower total cost, even though the monthly payment is higher.

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More questions

Is the Business Loan Calculator free to use?

Yes. The Business Loan Calculator is completely free, runs in your browser, and never asks for a signup, email, or download. Enter your numbers and the result updates instantly.

How accurate is this calculator?

It uses standard formulas and recalculates the moment you change a value, so the math is exact for the inputs you enter. Treat the result as a reliable planning estimate; for decisions with legal or tax consequences, confirm the figures with a qualified professional.

Does it work on my phone?

Yes. The calculator is mobile-friendly and works on any phone, tablet, or computer — there is no app to install and nothing to save.

Can I add this calculator to my own website?

Yes. Scroll to “Add this free calculator to your site” above and copy the embed snippet to place the live calculator on your blog or website for free.

Last reviewed: September 2026. Free to use, no signup — Business Loan Calculator by ToolWise Digital.

Add this free calculator to your site

Copy the snippet to embed the live calculator on your blog or website — free for any site. The small “Calculator by ToolWise Digital” credit line keeps it free; you're welcome to remove it, but we appreciate you leaving it.

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