Free calculator
Business Loan Calculator
Free Business Loan Calculator with instant browser-based results and a clear calculation breakdown.
Business Loan Calculator
Calculate monthly payments, total interest, and view an amortization schedule for your business loan. Enter the loan amount, annual interest rate, and loan term to see detailed payment information.
Loan Summary
Monthly Payment:
$0.00
Total Payments:
$0.00
Total Interest:
$0.00
Total Amount Paid:
$0.00
First Year Amortization Schedule
| Month | Payment | Principal | Interest | Balance |
|---|
How It Works:
This calculator uses the standard amortization formula: M = P × [r(1+r)^n] / [(1+r)^n - 1], where M is the monthly payment, P is the principal loan amount, r is the monthly interest rate (annual rate ÷ 12), and n is the total number of payments (years × 12). Each payment includes both principal and interest, with the interest portion decreasing over time as the principal balance is paid down. This is an estimate for informational purposes only and does not constitute a loan offer or guarantee.
Want to understand the calculation?
Read the guideSee examples, formula notes and limitations.