Business Loan Calculator
Calculate monthly repayments, total interest and total cost for any business or personal loan — with an amortisation summary.
What Does This Tool Do?
Calculate monthly loan repayments, total interest paid and total cost for any business or personal loan using the standard amortisation formula.
Key Features
Any Loan
Business, personal or vehicle loans.
Full Breakdown
Monthly payment, interest and total cost.
First Payment Split
Shows principal vs interest for payment 1.
Instant
Immediate result.
How to Use
- Enter the loan amount.
- Enter the annual interest rate.
- Select the loan term.
- Click Calculate.
Frequently Asked Questions
What is the loan payment formula?▾
M = P × r(1+r)^n / ((1+r)^n − 1), where P is principal, r is monthly rate (annual÷12) and n is total monthly payments.
How does a shorter term affect total interest?▾
A shorter term means higher monthly payments but significantly less total interest. A longer term is more affordable monthly but you pay much more overall.
What is a good business loan interest rate?▾
Rates vary widely by country, lender and creditworthiness. As a rough guide: SBA loans 6-8%, conventional business loans 7-20%, online lenders 8-50%+. Always compare APR.
Complete Guide to Business Loan Calculator
When To Use This Tool
Use Business Loan Calculator whenever you need fast, accurate output without installing software. This tool is designed for speed, clarity, and repeatable results for day-to-day work.
Best Practices for Accurate Results
- Double-check the format of your input before running the tool.
- Test with a small sample first, then process larger data.
- Use Related Tools to verify, convert, or transform the output.
Why Users Prefer AdeDX
AdeDX tools are browser-based, free to use, and built to work across desktop and mobile devices. Most processing happens directly in your browser for fast performance and improved privacy.