Enter your loan amount, interest rate, term, and any origination fee to calculate your monthly payment, the amount you'll actually receive, and total interest over the life of the loan.
Two numbers rarely tell the whole story on a business loan the way they do on a plain personal one. Lenders route small-business financing through origination fees and sometimes a personal guarantee — costs that sit outside the interest rate but still come straight out of the amount you actually get to spend.
How to Use the Business Loan Calculator
Enter the loan amount, the annual rate, and the term in years. Add an origination fee percentage if your lender charges one — it reduces the amount you receive, not the amount you owe, so raising it lowers "Amount Received" while the monthly payment stays exactly the same.
The payment itself runs on the same fixed-rate formula behind every amortizing loan on this site:
M = P × [r(1+r)ⁿ] ÷ [(1+r)ⁿ − 1]P is the full loan amount, r the monthly rate, n the number of monthly payments — the fee never touches this side of the math, because lenders charge interest on what you borrowed, not on what actually lands in your account after their cut.
That gap between "Loan Amount" and "Amount Received" is exactly why the fee percentage matters more than it looks. A 3% fee on a $100,000 loan is $3,000 gone before the money even arrives, and it still has to be repaid in full, with interest, since the fee shrinks what you receive rather than what you owe.
Term length swings the numbers hard in the other direction. Stretch a $50,000 loan from three years to seven and the monthly payment drops by roughly half — but total interest paid over the life of the loan can easily double. Worth checking both figures before assuming the lower payment is the better deal.