Business Loans Calculator
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Compare business loans from 10 lenders in 3 minutes
Get your rate
Loan Amount: --
Establishment Fee: --
Total Interest Paid: --
| YEAR | REMAINING BALANCE | MONTHLY REPAYMENT | INTEREST PAID | ENDING BALANCE |
| -- | -- | -- | -- | -- |
|---|
How to use the Business Loan Calculator
To use the business loan calculator, you’ll need to enter some details about your loan. These are explained below:
- Loan Amount — The amount of money you will be borrowing from a lender under a business loan agreement.
- Interest Rate — This is fixed interest rate the lender will apply to your business loan. A fixed interest rate will allow you to accurately assess your estimated repayments.
- Establishment Fees — Establishment fees are the upfront fees charged by the lender when creating the business loan agreement.
- Loan Term — The length of your business loan as dictated by your business loan agreement. The loan term is important as it will be used in repayment calculations to determine the amount of interest you will pay over time.
Once you have filled in your business loan details, simply click ‘See My Repayments’ to view an estimated repayment amount. You can then select Monthly, Fortnightly, or Weekly repayments to see what your repayment amount will be at various frequencies.
Example of Monthly Business Loan Repayments
| Business loan amount | Repayments (5% interest) | Repayments (7.5% interest) | Repayments (10% interest) |
|---|---|---|---|
$10,000 | $188.71 | $200.38 | $212.47 |
$20,000 | $377.42 | $400.76 | $424.94 |
$30,000 | $566.14 | $601.14 | $637.41 |
$40,000 | $754.85 | $801.52 | $849.88 |
$50,000 | $943.56 | $1,001.90 | $1,062.35 |
$60,000 | $1,132.27 | $1,202.28 | $1,274.82 |
$70,000 | $1,320.99 | $1,402.66 | $1,487.29 |
$80,000 | $1,509.70 | $1,603.04 | $1,699.76 |
$90,000 | $1,698.41 | $1,803.42 | $1,912.23 |
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