Free Small Business Toolkit
Business Loan Payment Calculator
Enter the loan amount, interest rate and term. See your monthly payment, total interest and the full payment schedule.
Your numbers
Free. No sign-up. Your numbers stay in your browser unless you email them to yourself.
We've filled in an example. Change any number and press Calculate.
Let Alfred keep track of this for you
SmallBizSuite tracks every expense and payment so your loan sits inside a clear picture of your monthly cash.
How to read your results
- Total interest is the true cost of borrowing. Compare it across offers, not just the monthly payment.
- The schedule shows how much of each payment goes to interest versus the balance.
Exact math on the numbers you enter. A planning aid, not tax, legal or financial advice.
Common questions
+Does this include lender fees?
No. It assumes a fixed-rate, fully amortizing loan. Origination, guarantee and other fees are extra; ask your lender for the full cost.
+How can I lower the total interest?
A shorter term or a lower rate reduces total interest. Extra payments toward principal also help if your lender allows them without penalty.
Stop doing this math by hand
SmallBizSuite keeps your contacts, invoices, expenses, goals and cash flow in one app you own, so the numbers are already there.