This free business loan calculator shows you the monthly payment, total interest, and true cost of financing before you sign anything. Enter the loan amount, interest rate, term, and origination fee to see exactly what you will repay each month and how much the loan really costs once fees are included. Add your monthly revenue to check whether the repayment fits your cash flow. No signup required.
The lender's annual rate. Business term loans often run 7-30% depending on credit and lender.
Charged up front as a share of the loan. SBA and online lenders commonly charge 1-6%.
Add revenue to see the repayment as a share of what your business brings in.
Monthly Payment
$2,124.70
for 60 months at 10% APR
Total Interest
$27,482.00
Origination Fee
$3,000.00
Total Cost of Borrowing
$30,482.00
interest + fees
Effective APR
11.32%
true rate with fee
Net Cash You Receive
$97,000.00
after the fee is deducted
Total You Repay
$127,482.00
across the full term
Financing a purchase or covering a cash-flow gap? Track your loan repayments, interest, and business cash flow in one place with Auritrack.
Try Auritrack FreeType in how much you want to borrow. This is the face value of the loan before any fees are deducted. Pick your currency from the selector in the top right.
Enter the annual interest rate (APR) the lender quoted, then set how long you have to repay. Toggle between months and years to match the offer in front of you.
Most business lenders charge an origination or processing fee, usually 1-6% of the loan. Enter it so the calculator can show the true cost and effective APR.
Enter what your business brings in each month to see the repayment as a share of revenue. The tool flags when the payment climbs above a comfortable debt-service level.
Instantly see the monthly payment, total interest, origination fee, net cash you receive, and effective APR. Expand the amortization schedule to see every payment month by month.
Most business term loans are amortizing, which means you repay a fixed amount every month and each payment is split between interest and principal. Early on, a larger share goes to interest because the outstanding balance is high. As the balance falls, more of each payment chips away at the principal. By the final month, almost the entire payment is principal and the loan is fully cleared. The monthly figure is set by three inputs: how much you borrow, the annual interest rate, and the number of months you have to repay. This calculator uses the same amortization formula lenders use, so the monthly payment you see here matches what will appear on your loan agreement. It works identically to a personal loan and EMI calculator, with extra detail for the fees that are common in business lending.
The interest rate is only part of the story. Business lenders frequently add an origination or processing fee, charged up front as a percentage of the amount borrowed. Because that fee is usually deducted before the money reaches your account, you receive less cash than the loan's face value while your repayments stay exactly the same. That gap quietly raises your true borrowing cost. A $100,000 loan at 10% interest with a 3% origination fee only disburses $97,000, yet you still repay as if you borrowed the full $100,000. The result is an effective APR closer to 11.3% rather than the headline 10%. The effective APR figure in this calculator captures that difference so you can compare two offers on a like-for-like basis. When a lender quotes a low rate but a high fee, the effective APR reveals which deal is genuinely cheaper.
The length of your loan is a trade-off between the monthly payment and the total amount of interest you pay. A longer term spreads the balance over more months, so each payment is smaller and easier on your cash flow. The cost is that you pay interest for longer, which increases the total interest bill. A shorter term does the opposite: higher monthly payments but far less interest overall. For example, borrowing $100,000 at 10% over three years costs noticeably less in total interest than the same loan stretched across seven years, even though the shorter loan demands a bigger monthly outlay. The right term is the one where the monthly payment is comfortable but you are not paying for the loan any longer than the asset or opportunity it funds will keep earning. Try a few term lengths in the calculator and watch how the total interest and monthly payment move in opposite directions.
A loan that looks affordable on paper can still strain a business, because the payment competes with payroll, inventory, rent, and taxes every month. A useful first check is the repayment as a share of revenue. A common rule of thumb keeps total debt service below roughly 15% of monthly revenue, and lenders often want to see a debt-service coverage ratio of at least 1.25, meaning your operating income covers the payment with room to spare. Add your monthly revenue to this calculator and it will flag when the payment climbs above that comfort line. The deeper question is whether the borrowed money will generate enough additional profit to cover its own cost. Before borrowing to expand or buy equipment, it is worth confirming the numbers with a break-even calculator and checking your profit margin so you know the loan pays for itself.
Not every business need calls for the same kind of loan. A term loan, the type this calculator models, delivers a lump sum you repay in fixed installments, ideal for a one-off investment like equipment or a renovation. A business line of credit works more like a credit card: you draw what you need up to a limit and pay interest only on the balance you use, which suits fluctuating working-capital needs. SBA loans, backed by a government guarantee, typically offer lower rates and longer terms in exchange for a slower application. Equipment financing uses the asset itself as collateral, while invoice financing advances cash against unpaid customer invoices. At the faster and more expensive end sit merchant cash advances and short-term online loans, which fund quickly but can carry very high effective rates once fees are included. Whichever product you are weighing, plug the rate, term, and fees into this calculator to translate the offer into a clear monthly payment and a true effective APR you can compare against the alternatives.
Calculate monthly loan payments, view amortization schedules, compare loan options, and model extra payment savings.
Find your gross and net profit margin, markup, and profit from cost and price, and see what a healthy margin looks like for your business.
Find the units and revenue you need to cover your fixed and variable costs, and the price that gets you to profit.
Describe your situation and let AI build a personalized monthly budget instantly. Or do it yourself with the 50/30/20 rule, custom ratios, or zero-based budgeting.
Borrow Smarter
Auritrack helps you track loan repayments, interest, and business cash flow in one place, with AI insights that show whether the numbers still add up. Supports all currencies with live exchange rate conversion. Free to start.
Disclaimer: This tool is provided for informational and educational purposes only. It does not constitute financial, tax, investment, or legal advice. Results are estimates based on the inputs you provide and may not reflect actual financial outcomes. Always consult a qualified financial professional before making financial decisions.
