The effective annual rate once fees are included, giving a truer cost of borrowing than the stated rate alone.

How do fees affect the APR?

Fees raise the real cost of the loan, so the APR comes out higher than the nominal interest rate.

What does compounding frequency change?

It sets how often interest is added to the balance, which slightly affects the periodic rate and payment.

Why might the payment differ from a simple estimate?

Pay-back frequency and compounding are combined into a per-period rate, so the payment reflects both.

Online Business Loan Calculator

Business Loan Calculator works out the periodic payment, total interest, fees, and real APR of a business loan, with a full amortization schedule.

Loan Amount

, ,

Interest Rate (I)

, ,

Loan Term

years

, , , , ,

months

Compound

Pay Back

Fees

Origination Fee

Documentation Fee

Other Fees

Result

Payback each payment period ($): 593.51

Total Loan Payments ($): 71,221.06

Interest ($): 21,221.06

Interest + Fee ($): 25,721.06

Real Rate (APR): 9.69%

Interest

Principal

Fee

№	BEGINNING BALANCE ($)/th>	INTEREST ($)	PRINCIPAL ($)	ENDING BALANCE ($)
1	50,000.00	312.50	281.01	49,718.99
2	49,718.99	310.74	282.77	49,436.23
3	49,436.23	308.98	284.53	49,151.69
4	49,151.69	307.20	286.31	48,865.38
5	48,865.38	305.41	288.10	48,577.28
6	48,577.28	303.61	289.90	48,287.38
7	48,287.38	301.80	291.71	47,995.67
8	47,995.67	299.97	293.54	47,702.13
9	47,702.13	298.14	295.37	47,406.76
10	47,406.76	296.29	297.22	47,109.55
11	47,109.55	294.43	299.07	46,810.47
12	46,810.47	292.57	300.94	46,509.53
13	46,509.53	290.68	302.82	46,206.70
14	46,206.70	288.79	304.72	45,901.99
15	45,901.99	286.89	306.62	45,595.37
16	45,595.37	284.97	308.54	45,286.83
17	45,286.83	283.04	310.47	44,976.36
18	44,976.36	281.10	312.41	44,663.96
19	44,663.96	279.15	314.36	44,349.60
20	44,349.60	277.18	316.32	44,033.27
21	44,033.27	275.21	318.30	43,714.97
22	43,714.97	273.22	320.29	43,394.68
23	43,394.68	271.22	322.29	43,072.39
24	43,072.39	269.20	324.31	42,748.08
25	42,748.08	267.18	326.33	42,421.75
26	42,421.75	265.14	328.37	42,093.38
27	42,093.38	263.08	330.43	41,762.95
28	41,762.95	261.02	332.49	41,430.46
29	41,430.46	258.94	334.57	41,095.89
30	41,095.89	256.85	336.66	40,759.23
31	40,759.23	254.75	338.76	40,420.47
32	40,420.47	252.63	340.88	40,079.59
33	40,079.59	250.50	343.01	39,736.58
34	39,736.58	248.35	345.16	39,391.42
35	39,391.42	246.20	347.31	39,044.11
36	39,044.11	244.03	349.48	38,694.63
37	38,694.63	241.84	351.67	38,342.96
38	38,342.96	239.64	353.87	37,989.09
39	37,989.09	237.43	356.08	37,633.02
40	37,633.02	235.21	358.30	37,274.71
41	37,274.71	232.97	360.54	36,914.17
42	36,914.17	230.71	362.80	36,551.38
43	36,551.38	228.45	365.06	36,186.31
44	36,186.31	226.16	367.34	35,818.97
45	35,818.97	223.87	369.64	35,449.33
46	35,449.33	221.56	371.95	35,077.38
47	35,077.38	219.23	374.28	34,703.10
48	34,703.10	216.89	376.61	34,326.49
49	34,326.49	214.54	378.97	33,947.52
50	33,947.52	212.17	381.34	33,566.18
51	33,566.18	209.79	383.72	33,182.46
52	33,182.46	207.39	386.12	32,796.34
53	32,796.34	204.98	388.53	32,407.81
54	32,407.81	202.55	390.96	32,016.85
55	32,016.85	200.11	393.40	31,623.45
56	31,623.45	197.65	395.86	31,227.59
57	31,227.59	195.17	398.34	30,829.25
58	30,829.25	192.68	400.83	30,428.43
59	30,428.43	190.18	403.33	30,025.09
60	30,025.09	187.66	405.85	29,619.24
61	29,619.24	185.12	408.39	29,210.85
62	29,210.85	182.57	410.94	28,799.91
63	28,799.91	180.00	413.51	28,386.40
64	28,386.40	177.42	416.09	27,970.31
65	27,970.31	174.81	418.69	27,551.61
66	27,551.61	172.20	421.31	27,130.30
67	27,130.30	169.56	423.94	26,706.36
68	26,706.36	166.91	426.59	26,279.76
69	26,279.76	164.25	429.26	25,850.50
70	25,850.50	161.57	431.94	25,418.56
71	25,418.56	158.87	434.64	24,983.92
72	24,983.92	156.15	437.36	24,546.56
73	24,546.56	153.42	440.09	24,106.47
74	24,106.47	150.67	442.84	23,663.62
75	23,663.62	147.90	445.61	23,218.01
76	23,218.01	145.11	448.40	22,769.62
77	22,769.62	142.31	451.20	22,318.42
78	22,318.42	139.49	454.02	21,864.40
79	21,864.40	136.65	456.86	21,407.54
80	21,407.54	133.80	459.71	20,947.83
81	20,947.83	130.92	462.58	20,485.24
82	20,485.24	128.03	465.48	20,019.77
83	20,019.77	125.12	468.39	19,551.38
84	19,551.38	122.20	471.31	19,080.07
85	19,080.07	119.25	474.26	18,605.81
86	18,605.81	116.29	477.22	18,128.59
87	18,128.59	113.30	480.21	17,648.38
88	17,648.38	110.30	483.21	17,165.18
89	17,165.18	107.28	486.23	16,678.95
90	16,678.95	104.24	489.27	16,189.69
91	16,189.69	101.19	492.32	15,697.36
92	15,697.36	98.11	495.40	15,201.96
93	15,201.96	95.01	498.50	14,703.47
94	14,703.47	91.90	501.61	14,201.85
95	14,201.85	88.76	504.75	13,697.11
96	13,697.11	85.61	507.90	13,189.20
97	13,189.20	82.43	511.08	12,678.13
98	12,678.13	79.24	514.27	12,163.86
99	12,163.86	76.02	517.48	11,646.37
100	11,646.37	72.79	520.72	11,125.65
101	11,125.65	69.54	523.97	10,601.68
102	10,601.68	66.26	527.25	10,074.43
103	10,074.43	62.97	530.54	9,543.89
104	9,543.89	59.65	533.86	9,010.03
105	9,010.03	56.31	537.20	8,472.83
106	8,472.83	52.96	540.55	7,932.28
107	7,932.28	49.58	543.93	7,388.35
108	7,388.35	46.18	547.33	6,841.02
109	6,841.02	42.76	550.75	6,290.26
110	6,290.26	39.31	554.19	5,736.07
111	5,736.07	35.85	557.66	5,178.41
112	5,178.41	32.37	561.14	4,617.27
113	4,617.27	28.86	564.65	4,052.62
114	4,052.62	25.33	568.18	3,484.44
115	3,484.44	21.78	571.73	2,912.70
116	2,912.70	18.20	575.30	2,337.40
117	2,337.40	14.61	578.90	1,758.50
118	1,758.50	10.99	582.52	1,175.98
119	1,175.98	7.35	586.16	589.82
120	589.82	3.69	589.82	0.00

Oops! Something went wrong. Please try again.

What Is This Tool?

The Business Loan Calculator estimates the cost of a business loan. Enter the loan amount, interest rate, and term, choose how often interest compounds and how often you pay it back, and add any origination, documentation, or other fees. It returns the periodic payment, total payments, total interest, the combined interest and fees, and a real APR that folds the fees in. A breakdown chart and a full amortization schedule round it out, and the result can be downloaded as a PDF.

How to Use This Tool?

Enter the loan amount, interest rate, and term.
Choose the compounding and pay-back frequencies.
Add any origination, documentation, or other fees.
Click Calculate to see the payment, APR, and schedule.

Key Features

Calculates the periodic payment, total interest, and total payments.
Supports compounding and pay-back frequencies from daily to yearly.
Folds origination, documentation, and other fees into a real APR.
Splits the total into interest, principal, and fees.
Provides a full schedule and chart with PDF download.

Examples

A $50,000 loan at 7.5% over 10 years has a $593.51 monthly payment.
Total payments come to $71,221.06, of which $21,221.06 is interest.
With $4,500 in fees, interest and fees total $25,721.06.
Folding those fees in lifts the real APR to about 9.69%.

Common Use Cases

Estimating the monthly cost of a business loan.
Seeing how fees raise the effective borrowing rate.
Comparing offers on a true APR basis.
Testing different terms or pay-back frequencies.
Planning cash flow against a payment schedule.

Tips & Best Practices

Compare loans by real APR, not just the headline rate.
Include every fee so the APR reflects the true cost.
Match the pay-back frequency to your revenue cycle.
Test a shorter term to see the interest savings.
Check the schedule to see how principal builds over time.

Limitations

It assumes a fixed rate and equal periodic payments.
The real APR is found by iteration, so it's a close estimate.
Variable rates, prepayments, and penalties aren't modeled.
Nothing is saved between sessions — only the current result can be exported as a PDF.

Frequently Asked Questions

What is real APR?: The effective annual rate once fees are included, giving a truer cost of borrowing than the stated rate alone.
How do fees affect the APR?: Fees raise the real cost of the loan, so the APR comes out higher than the nominal interest rate.
What does compounding frequency change?: It sets how often interest is added to the balance, which slightly affects the periodic rate and payment.
Why might the payment differ from a simple estimate?: Pay-back frequency and compounding are combined into a per-period rate, so the payment reflects both.

Key Terminology

Periodic payment: The fixed amount paid each pay-back period over the loan term.
Origination fee: A percentage of the loan charged by the lender to set it up.
Real APR: The effective annual rate including fees, reflecting the true cost of the loan.
Compounding frequency: How often interest is added to the outstanding balance.
Amortization schedule: A period-by-period breakdown of interest, principal, and remaining balance.

Quick Knowledge Check

Real APR differs from the stated rate because it includes…

fees

taxes only

nothing extra

Adding fees to a loan generally makes the real APR…

higher

lower

unchanged

Total payments equal principal plus…

total interest

the loan amount again

the fees only

Share Us

Similar Tools

Online Simple Investment Calculator Online Quadratic Formula Calculator Online Velocity Calculator Online Body Type Calculator Online Investment Calculator