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Business Loans Calculator

See my repayments

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Compare business loans from 10 lenders in 3 minutes

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YEARREMAINING BALANCEMONTHLY REPAYMENTINTEREST PAIDENDING BALANCE
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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.

Business Loan Repayment Formula

The business loan calculator uses amortisation calculation to determine your repayment amounts. Amortisation provides a more accurate representation of repayments as it is used to assess the amount of interest you will pay over a set period.

A business loan is generally offered for a fixed rate over a fixed term. A fixed rate is an interest rate that remains constant for the term of your loan, as opposed to a variable interest rate, which may change due to various economic influences.

Your business loan repayments will need to cover both the interest and principal amount of your loan. When you first make repayments on your business loan, a larger portion of the repayment amount will be used to cover the interest over the principal. This is because your repayments will be based on the total amount of money still loaned to you by the lender.

Example of Monthly Business Loan Repayments

Business loan amountRepayments (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

Business loan repayment examples are calculated using monthly repayments with a fixed interest rate on a 5-year term. They do not include any fees that may be charged by a lender in addition to interest.

Other Money.com.au Calculators

Calculated your Business Loan Repayments and need to make other types of finance calculations? We have a range of financial calculators for almost any situation. You can use these to calculate your pay, estimate equipment finance repayments, calculate capital gains tax (CGT), and much more.

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Money Pty Ltd (trading as Money.com.au) provides information about credit products and is authorised to do so as the holder of Australian Credit Licence 528698. Money.com.au does not compare every Lender in Australia. We are not a broker or credit provider and when we provide information via this website, we are not providing you with a recommendation or suggestion about a particular credit product. When you apply for a credit product via the Money.com.au website, you are not applying with us, you are applying directly with a Lender Partner. Before entering into any credit product from one of our Lender Partners, you should confirm the rates and product information with the Lender. All information on this website is general advice only and does not take into account your objectives, financial situation or needs. You should consider whether this advice is right for you and we encourage you to seek independent financial advice.