Business Loan Calculator
Enter the amount, rate, term and arrangement fee.
Monthly payment
β
Enter values above
Total interest
β
Total repayable
β
Origination fee
β
APR including fee
β
Interest as % of loan
β
Worked example
With the default inputs shown below, this calculator returns the following results:
| Input | Value |
|---|---|
| Loan amount ($) | 100000 |
| Interest rate (%) | 8 |
| Term (years) | 5 |
| Origination fee (%) | 2 |
| Result | Value |
|---|---|
| Monthly payment | $2,027.64 |
| Total interest | $21,658.37 |
| Total repayable | $123,658.37 |
| Origination fee | $2,000.00 |
| APR including fee | 9.23% |
| Interest as % of loan | 23.66% |
Values shown are produced by this page in your browser; change any input to update them.
How to use the Business Loan Calculator
- Loan amount ($) β default 100000
- Interest rate (%) β default 8
- Term (years) β default 5
- Origination fee (%) β default 2
- Press Calculate to update the results instantly.
Frequently asked questions
Because the origination fee is deducted from the money you receive, so the effective cost of the cash you actually get is higher. The APR folds that fee into a single comparable rate.
Compare APR when products have different fee structures, and monthly payment when comparing cash flow. Two loans with identical APRs can still have very different payments if the terms differ.
Interest on business borrowing is normally a deductible business expense, which reduces the after-tax cost. Check the treatment with your accountant, as rules vary by structure.