# Business Loan Calculator: Monthly Payment, Total Repaid and What the Money Costs

Put an amount, a rate and a term in the boxes and the calculator returns the monthly payment, the total you repay and the cost of the money. The figures are arithmetic, not an offer. Use the rate and term from a real offer to see what you would actually pay.

[See your financing options](https://capitalgurus.com/apply/) · Or call [(725) 425-4307](tel:+17254254307)

Soft credit pull only, no obligation.

Rates, factor rates, fees and terms are set by the funding provider that makes your offer and are disclosed in that provider's agreement. Figures on this page are illustrative ranges from providers in our network, not offers.

## In this section

- [Compare: Calculators](https://capitalgurus.com/calculators/)
- [Compare: Business term loans](https://capitalgurus.com/loans-and-financing/term-loans/)

## Run the numbers

Pick the kind of financing, then change one box at a time and watch the cost of the money: that is the figure worth comparing.

- A term loan, a balloon loan or a draw on a line of credit
- Use the rate, term and fee from a real offer to see what you would pay
- Nothing to sign up for, and nothing here is quoted to you

Three modes: term loan, balloon and line of credit. The term loan takes:

- Loan amount
- Example rate — enter the rate from your offer (%)
- Term (months)
- Payment frequency: monthly, weekly or daily (business days)
- Origination fee (%), deducted from the amount received

The balloon mode adds the amortization period and when the balloon falls due; the line of credit mode takes the credit limit, the amount drawn, the rate, interest-only or paying the draw down over 6 to 24 months, and a draw fee.

Example: loan amount $100,000, example rate 12%, 36 months, monthly. Estimated monthly payment $3,321.43; total repaid $119,572; cost of the money $19,572.

### Three illustrative cases

| Case | Amount | Rate | Term | Monthly | Cost |
| --- | --- | --- | --- | --- | --- |
| $50K over 24 months | $50,000 | 12% | 24 mo | $2,353.67 | $6,488 |
| $100K over 36 months | $100,000 | 12% | 36 mo | $3,321.43 | $19,572 |
| $200K over 60 months | $200,000 | 12% | 60 mo | $4,448.89 | $66,933 |

### Monthly payment examples at a 10% example rate

| Amount | 12 months | 24 months | 36 months | 60 months |
| --- | --- | --- | --- | --- |
| $50,000 | $4,395.79 | $2,307.25 | $1,613.36 | $1,062.35 |
| $100,000 | $8,791.59 | $4,614.49 | $3,226.72 | $2,124.70 |
| $200,000 | $17,583.18 | $9,228.99 | $6,453.44 | $4,249.41 |
| $1,000,000 | $87,915.89 | $46,144.93 | $32,267.19 | $21,247.04 |

Illustrative example, not an offer.

Illustrative example, not an offer.

[See your financing options](https://capitalgurus.com/apply/) · [See term loan options](https://capitalgurus.com/loans-and-financing/term-loans/)

The starting figures are round numbers chosen so the tool has something to show. Replace them with the figures on your written offer.

Assumptions behind the arithmetic: A fixed annual rate, equal payments, interest charged on the balance at each payment, the first payment one period after funding and no prepayment. Weekly payments are 52 a year and daily payments 252, one per business day. The origination fee is deducted from the amount you receive, so it leaves the payment alone and shows in the cost of the money and the Estimated APR, worked out the way US disclosure rules do. A balloon loan pays the balance left in one sum on the due date. Where an agreement differs from these assumptions, the agreement is what governs.

## At a glance

- **Where the figures come from**: An offer in front of you — or a round number to test the shape
- **Amounts our network considers**: $10K to $10M, depending on the funding provider
- **Terms our network considers**: terms up to 10 years, depending on the funding provider
- **Who sets the real numbers**: The funding provider, in the agreement you sign

## What this calculator does, and what it does not

**What it does.** Level-payment arithmetic for a term loan, balloon loan or line of credit draw: the payment, total repaid, cost of the money and, with a fee, an Estimated APR. Enter an offer's figures and you will see its payment. Works for: Term loans, SBA loans, equipment financing — anything with a rate and a schedule.

**What it does not.** Tell you what you will be offered: the provider that reads your file sets the amount, rate and term. Capital Gurus is a broker: we present your file to providers in our network, who decide and fund. Nothing here is a quote. Does not work for: Merchant cash advances and factoring, which have no interest rate.

## Read the cost of the money, not the payment

A longer schedule always produces a smaller payment, and it almost always produces a larger total. The cost of the money — interest plus fees — is the figure that says what the schedule is worth.

| Term | Monthly payment | Cost of the money |
| --- | --- | --- |
| 1 year | $8,884.88 | $6,619 |
| 3 years | $3,321.43 | $19,572 |
| 7 years | $1,765.27 | $48,283 |

$100,000 at 12% a year, no fee. Illustrative example, not an offer. Worked out with the calculator's own arithmetic.

**Where the numbers come from.** From an offer. Until you have one, a round rate and a moving term still show how much payment your cash flow can carry. [Business loan interest rates](https://capitalgurus.com/guides/business-loan-interest-rates/) explains what moves a rate; [how much business financing you can get](https://capitalgurus.com/guides/business-loan-amounts/) covers the amount.

**When two offers differ.** On a short schedule the term moves the payment most; on a long one the rate does, because it has years to compound. When offers differ in both, compare the cost of the money and ask what happens if you pay early.

## The fee box, and the fees it does not catch

The origination fee box takes a one-off charge as a percentage of the amount. It comes off what you receive, so the payment does not move: the fee shows in the cost of the money and in the Estimated APR, which is where it belongs.

**In the fee box**

- An origination, underwriting or packaging fee deducted at funding
- Any other one-off charge on the amount
- A draw fee, on the Line of credit tab

Worked example: at 2% on $100,000, the fee adds $2,000 to the cost of the money.

**Not in the fee box**

- A monthly maintenance fee on a line of credit
- Insurance on financed equipment
- The guarantee fee on an SBA file, set under SBA rules
- Late charges and early-payoff terms

Ask for all of them in writing, before you sign.

## Why advances and factoring do not belong in this tool

Neither has an interest rate or an amortising balance, so typing a factor rate into a box built for an interest rate produces a number that means nothing. Each page does its own arithmetic.

- [Merchant cash advance](https://capitalgurus.com/loans-and-financing/merchant-cash-advance/): Future receivables bought at a factor rate
- [Invoice factoring](https://capitalgurus.com/loans-and-financing/invoice-factoring/): Nothing is borrowed, so there is no payment schedule

## Before you sign anything

Three questions make two offers comparable, whatever they are called:

1. How many dollars in total?
2. Over how long?
3. What does paying early cost?

Then confirm the fees, the first payment date and whether a personal guarantee is required.

[See your financing options](https://capitalgurus.com/apply/). For the figures on your own file: an application takes about 5 minutes and is a soft credit pull only. Same-day decisions are possible, depending on the funding provider.

- [How to get a business loan](https://capitalgurus.com/guides/how-to-get-a-business-loan/)
- [What providers ask for in an application](https://capitalgurus.com/guides/business-loan-requirements/)

## Keep reading

### Related pages

- [All business loan calculators](https://capitalgurus.com/calculators/)
- [Equipment financing calculator](https://capitalgurus.com/calculators/equipment-financing-calculator/)
- [Business acquisition loan calculator](https://capitalgurus.com/calculators/business-acquisition-loan-calculator/)
- [Working capital financing](https://capitalgurus.com/loans-and-financing/working-capital/)
- [Business loan terms explained](https://capitalgurus.com/guides/business-loan-terms/)
- [Business financing options](https://capitalgurus.com/loans-and-financing/)

## Frequently asked questions

### What is the monthly payment on a $50,000 or $100,000 business loan?

It depends on the rate, the term and how often you pay. The Monthly payment examples table under the calculator works out both amounts, and larger ones, at a 10% example rate over 12 to 60 months: a longer term lowers the payment and raises the total. Put the rate, term and frequency from your offer into the calculator to see your own figure.

### How is a business loan payment calculated?

With level-payment amortisation: the same payment every period, split between interest on the balance and principal. The interest share is largest at the start, when the balance is largest. Weekly and daily payments work the same way over more, smaller periods. The Payment schedule tab under the results shows the split for the numbers you entered, and downloads it as a CSV.

### What is a balloon payment?

A large final payment. The regular payment is worked out as if the loan ran over a long amortization period, but the loan falls due sooner, and the balance still owed on that date is paid in one sum. The payment is lower than on a loan repaid in full over the shorter term; the balloon is the price of that. Switch the calculator to Balloon to see both figures.

### What is the difference between the interest rate and the APR?

The rate prices the money you owe; the APR also counts the fees. An origination fee taken out at funding means you receive less than you repay interest on, so the cost of the money, expressed as a yearly rate, is higher than the rate on the offer. When you enter a fee, the calculator shows that as an Estimated APR (for comparison), the figure to set offers side by side with.

### Can I pay off a business loan early?

Often, but read the prepayment clause first. Some agreements let you clear the balance and stop the interest; others charge a prepayment fee or state a fixed total, in which case paying early saves less than the schedule suggests. The calculator assumes you run the full schedule. [Business loan terms explained](https://capitalgurus.com/guides/business-loan-terms/) covers the clauses to ask about.

### What rate should I put in the box?

The one from an offer, if you have it. If you do not, pick a round number to see the shape of the payment, then replace it when a real offer arrives. The rate box starts at a round example rate so the tool has something to show — it is not a quote, and Capital Gurus does not set rates.

### Why can I not use this for a merchant cash advance?

An advance is a purchase of future receivables, not a loan. It carries a factor rate, not an interest rate, and there is no amortising balance to work out interest on. Multiply the funded amount by the factor rate and you have the payback amount; the [merchant cash advance page](https://capitalgurus.com/loans-and-financing/merchant-cash-advance/) explains the arithmetic.

### Is the payment the calculator shows what I would be offered?

No. It is arithmetic on the numbers you typed. A provider decides the amount, the rate and the term after reading your file, and the payment follows from their decision, not from this page. Capital Gurus is a broker and does not make that decision.

### Can I use it for an SBA loan?

Yes. SBA loans amortise like any term loan, and the longer terms are exactly where the tool is useful. An SBA file also carries a guarantee fee set under SBA rules rather than by us; it is usually added to the loan, so add it to the amount when you know it.

Still have a question? [talk to a funding advisor](https://capitalgurus.com/contacts/)

Capital Gurus is not a lender. Rates, fees and terms are set by the funding provider and disclosed in your agreement. Capital Gurus · 1700 S Pavilion Center Dr, Ste 420, Las Vegas, NV 89135.

Nothing on this page is financial, legal or tax advice.

## Decisions from some providers the same day, depending on the provider.

Subject to provider approval and document turnaround.

[Apply now](https://capitalgurus.com/apply/) · Call [(725) 765-4512](tel:+17257654512)

About 5 minutes, soft credit pull only. [talk to a funding advisor](https://capitalgurus.com/contacts/)

By the Capital Gurus Editorial Team · Reviewed by Joseph Wartz · [Editorial policy](https://capitalgurus.com/editorial-policy/)

---

Source: https://capitalgurus.com/calculators/business-loan-calculator/ · Last reviewed 2026-11-09 · Capital Gurus is not a lender.