Business Loan Repayment Calculator – Free Online Tool
Use our Business Loan Repayment Calculator to work out your monthly payments, total repayment, and interest costs for any business loan. Whether you are applying for an SBA loan, a commercial property mortgage, an equipment loan, or a small business loan, this free calculator helps you understand your repayment schedule instantly.
How to Use the Calculator
- Select your Currency (USD, GBP, EUR, INR).
- Enter the Loan Amount and optional Down Payment.
- Add the Interest Rate (APR %).
- Enter the Loan Term in years or months.
- Choose your Repayment Frequency (monthly, quarterly, annually).
- Add an Extra Payment per period if you plan to pay off your loan early.
- Click Calculate to see:
- Regular payment per period
- Total repayment
- Total interest paid
- Loan term reduction if extra payments are made
- Amortization schedule (principal vs interest breakdown)
- Repayment chart
Example Repayments
Example 1: $200,000 SBA Loan
- Loan Amount: $200,000
- Term: 10 years (120 months)
- APR: 6%
👉 Monthly Payment: $2,220
👉 Total Repayment: $266,400
👉 Total Interest: $66,400
Example 2: £500,000 Commercial Property Loan
- Loan Amount: £500,000
- Term: 20 years (240 months)
- APR: 5%
👉 Monthly Payment: £3,299
👉 Total Repayment: £791,760
👉 Total Interest: £291,760
Example 3: €600,000 Business Loan with Extra Payments
- Loan Amount: €600,000
- Term: 15 years
- APR: 4.5%
- Extra Payment: €200/month
👉 Without extra: Total Repayment €829,380
👉 With extra: Total Repayment €809,640
👉 Interest Saved: €19,740
👉 Loan shortened by 10 months
Loan Types You Can Calculate
- SBA Loan Repayment Calculator
Estimate affordable monthly payments for SBA 7(a), SBA 504, and microloans with low rates and long terms. - Commercial Loan Repayment Calculator
Calculate repayments for office, retail, and industrial property loans. - Equipment Loan Repayment Calculator
Plan financing for machinery, vehicles, and tools with fixed monthly payments. - Small Business Loan Repayment Calculator
Estimate repayments for working capital, inventory, or short-term financing. - Farm Loan Repayment Calculator
Understand repayment for agricultural loans, including tractors, land, and livestock financing.
Why Use a Business Loan Repayment Calculator?
✔ Understand how much your loan will cost
✔ Compare loan terms and repayment schedules
✔ See how extra payments reduce interest
✔ Plan business cash flow more effectively
✔ Avoid borrowing more than you can afford
Frequently Asked Questions (FAQ)
Q: How do I calculate business loan repayments?
A: Loan repayments are calculated based on the loan amount, APR, repayment frequency, and term. Our calculator uses the standard amortization formula to estimate monthly payments.
Q: What is an SBA loan repayment calculator?
A: An SBA loan repayment calculator estimates payments for government-backed SBA loans, which typically offer lower interest rates and longer repayment terms.
Q: Can I calculate repayments for a commercial property loan?
A: Yes. Enter your loan details into the calculator to see monthly or quarterly repayments for commercial property or mortgage loans.
Q: How much would repayments be on a $200,000 business loan?
A: At 6% APR over 10 years, monthly repayments would be about $2,220.
Q: How much would repayments be on a £500,000 loan?
A: At 5% APR over 20 years, repayments would be about £3,299 per month.
Q: What happens if I make extra payments?
A: Extra payments reduce the total interest paid and shorten the loan term. The calculator shows both the savings and the time saved.
Q: Can this calculator work for farm or equipment loans?
A: Yes. As long as you know the loan amount, interest rate, and term, you can calculate repayments for any loan type.