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Business Loan Amortization Calculator

Amortized monthly payment, total interest, and true cost after origination fees — for SBA, bank term, and online-lender business loans.

Loan terms

$

SBA 10–13% · Bank 8–15% · Online 15–35%

SBA up to 120 · Bank 36–84 · Online 6–36

Your payment

Monthly payment
$3,299
Net funded
$147,000
After $3,000 fees
Total interest
$47,933
Total cost of capital
$50,933
34.6% of net funded

How to read your amortization

A business term loan works exactly like a mortgage: each payment covers interest first, principal second. In the early months you're mostly paying interest — which is why shortening the term saves far more than a slightly lower rate. A $150k loan at 11.5% over 60 months costs about $47k in interest. Cut the term to 36 months and interest drops to $28k, but the monthly payment jumps from $3.3k to $4.9k.

Compare against a merchant cash advance — MCA calculator — or a revolving business line of credit. For the guide on qualifying, see business loans explained.

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