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Business Loan Payment Calculator
See what a loan really costs: the monthly payment, total interest and the payoff schedule.
FreeNo adsNo accountNothing uploaded
How to use it
- Enter the loan amount.
- Enter the interest rate and the term.
- Read the payment, total interest and schedule.
The math
Monthly payment = P times r divided by (1 minus (1 plus r) to the power of minus n), where P is the amount, r is the monthly rate and n is the number of payments
Good to know
- Fees and how a lender quotes its rate can change the real cost. Ask for the APR and the total of all payments.
Questions
Is it really free?
Yes. No trial, no paid tier, no account. The Small Business Owner Network has no ads and no hidden costs.
Is my information uploaded?
No. The tool runs in your browser. What you type stays on your computer and is never sent to us.
Related free tools
Free for every small business, no strings.The Small Business Owner Network is built by a small business owner and funded by people who find it useful. If this saved you time or money, support the project, bookmark it, or share it with another owner. Something missing? Tell us.
General information, not legal, tax or financial advice. Page last checked 2026-10-13.