Business Loan Payment Calculator
Estimate monthly installment payments for equipment, working capital, or other business expenses.
Estimate business installment payments
Monthly payments for a fixed-rate, fully amortizing business loan
Illustrative amount; calculator limits are not lending eligibility limits.
Methodology and assumptions
Monthly payment = P × r ÷ [1 − (1 + r)^(−n)], where P is the loan amount, r is the annual rate divided by 1,200, and n is the number of monthly payments. At 0% APR, payment = P ÷ n. Total repaid = payment × n; total interest = total repaid − P.
This estimate treats your APR as a fixed nominal annual rate with monthly interest and payments at the end of each month. Fees, insurance, taxes, variable-rate changes, and extra payments are excluded unless a tool explicitly includes them. A disclosed APR can include fees and may differ from the contractual interest rate. Values are rounded for display only. Estimates are not lending offers.
Example: $10,000 at 15% for 36 months is approximately $346.65 per month, $2,479.52 in interest, and $12,479.52 repaid, assuming no fees.
Monthly amortization schedule
| Month | Payment | Principal | Interest | Balance |
|---|---|---|---|---|
| 1 | $1,062.35 | $645.69 | $416.67 | $49,354.31 |
| 2 | $1,062.35 | $651.07 | $411.29 | $48,703.25 |
| 3 | $1,062.35 | $656.49 | $405.86 | $48,046.76 |
| 4 | $1,062.35 | $661.96 | $400.39 | $47,384.79 |
| 5 | $1,062.35 | $667.48 | $394.87 | $46,717.31 |
| 6 | $1,062.35 | $673.04 | $389.31 | $46,044.27 |
| 7 | $1,062.35 | $678.65 | $383.70 | $45,365.62 |
| 8 | $1,062.35 | $684.31 | $378.05 | $44,681.32 |
| 9 | $1,062.35 | $690.01 | $372.34 | $43,991.31 |
| 10 | $1,062.35 | $695.76 | $366.59 | $43,295.55 |
| 11 | $1,062.35 | $701.56 | $360.80 | $42,594.00 |
| 12 | $1,062.35 | $707.40 | $354.95 | $41,886.59 |
| 13 | $1,062.35 | $713.30 | $349.05 | $41,173.30 |
| 14 | $1,062.35 | $719.24 | $343.11 | $40,454.06 |
| 15 | $1,062.35 | $725.24 | $337.12 | $39,728.82 |
| 16 | $1,062.35 | $731.28 | $331.07 | $38,997.54 |
| 17 | $1,062.35 | $737.37 | $324.98 | $38,260.17 |
| 18 | $1,062.35 | $743.52 | $318.83 | $37,516.65 |
| 19 | $1,062.35 | $749.71 | $312.64 | $36,766.94 |
| 20 | $1,062.35 | $755.96 | $306.39 | $36,010.98 |
| 21 | $1,062.35 | $762.26 | $300.09 | $35,248.72 |
| 22 | $1,062.35 | $768.61 | $293.74 | $34,480.10 |
| 23 | $1,062.35 | $775.02 | $287.33 | $33,705.08 |
| 24 | $1,062.35 | $781.48 | $280.88 | $32,923.61 |
| 25 | $1,062.35 | $787.99 | $274.36 | $32,135.62 |
| 26 | $1,062.35 | $794.56 | $267.80 | $31,341.06 |
| 27 | $1,062.35 | $801.18 | $261.18 | $30,539.89 |
| 28 | $1,062.35 | $807.85 | $254.50 | $29,732.03 |
| 29 | $1,062.35 | $814.59 | $247.77 | $28,917.45 |
| 30 | $1,062.35 | $821.37 | $240.98 | $28,096.08 |
| 31 | $1,062.35 | $828.22 | $234.13 | $27,267.86 |
| 32 | $1,062.35 | $835.12 | $227.23 | $26,432.74 |
| 33 | $1,062.35 | $842.08 | $220.27 | $25,590.66 |
| 34 | $1,062.35 | $849.10 | $213.26 | $24,741.56 |
| 35 | $1,062.35 | $856.17 | $206.18 | $23,885.39 |
| 36 | $1,062.35 | $863.31 | $199.04 | $23,022.08 |
| 37 | $1,062.35 | $870.50 | $191.85 | $22,151.58 |
| 38 | $1,062.35 | $877.76 | $184.60 | $21,273.82 |
| 39 | $1,062.35 | $885.07 | $177.28 | $20,388.75 |
| 40 | $1,062.35 | $892.45 | $169.91 | $19,496.31 |
| 41 | $1,062.35 | $899.88 | $162.47 | $18,596.42 |
| 42 | $1,062.35 | $907.38 | $154.97 | $17,689.04 |
| 43 | $1,062.35 | $914.94 | $147.41 | $16,774.10 |
| 44 | $1,062.35 | $922.57 | $139.78 | $15,851.53 |
| 45 | $1,062.35 | $930.26 | $132.10 | $14,921.27 |
| 46 | $1,062.35 | $938.01 | $124.34 | $13,983.27 |
| 47 | $1,062.35 | $945.83 | $116.53 | $13,037.44 |
| 48 | $1,062.35 | $953.71 | $108.65 | $12,083.73 |
| 49 | $1,062.35 | $961.65 | $100.70 | $11,122.08 |
| 50 | $1,062.35 | $969.67 | $92.68 | $10,152.41 |
| 51 | $1,062.35 | $977.75 | $84.60 | $9,174.66 |
| 52 | $1,062.35 | $985.90 | $76.46 | $8,188.77 |
| 53 | $1,062.35 | $994.11 | $68.24 | $7,194.65 |
| 54 | $1,062.35 | $1,002.40 | $59.96 | $6,192.26 |
| 55 | $1,062.35 | $1,010.75 | $51.60 | $5,181.51 |
| 56 | $1,062.35 | $1,019.17 | $43.18 | $4,162.33 |
| 57 | $1,062.35 | $1,027.67 | $34.69 | $3,134.67 |
| 58 | $1,062.35 | $1,036.23 | $26.12 | $2,098.44 |
| 59 | $1,062.35 | $1,044.87 | $17.49 | $1,053.57 |
| 60 | $1,062.35 | $1,053.57 | $8.78 | $0.00 |
For example only. Figures are illustrative and do not represent an offer of credit. Actual APR, terms, fees, and monthly payments come from our lending partners after a soft-pull rate check, and depend on your credit profile, income, loan amount, term, and state of residence.
Excludes SBA guarantee fees, balloon payments, interest-only periods, merchant cash advances, and factor-rate products. Calculator amounts do not establish marketplace lending limits or business-loan availability.
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