Business Lending Calculator
Calculate total costs for various business financing options
Financing Product
Traditional loan with fixed monthly payments
Funding Amount
Min: $5,000Max: $500,000
Term Length
months
660
2.0 years
Payment Frequency
12/year
Annual Percentage Rate (APR)
%
8%80%
Origination Fee
%
0%10%
$750
Funding Received
$50,000
Principal amount
Total Cost of Capital
$8,934
17.87% of principal
Monthly Payment
$2,424
monthly payment amount
Effective APR
15.00%
Annualized percentage rate
Cost Breakdown
Principal Amount$50,000
Origination Fee$750
Total Interest/Fees$8,934
Total Repayment$58,934
Term Length24 months
Annual Percentage Rate (APR)15%
Payment Frequencymonthly
Important Notes:
- Calculations are estimates and may not include all fees
- Actual rates depend on credit profile and business qualifications
- Some products may have additional origination or maintenance fees
- Consult with a financial advisor for personalized advice