Business Loan Calculator
A business loan is often the most straightforward route to securing funding for your business. However, you should only take out a loan if you’re sure that you’ll be able to pay it back, along with any interest.
The initial size of the loan, the period of time you have available for repayment, and the interest rate you’re charged are all important factors in working out what you owe and when.
|Month number||Balance||Principal||Interest||Monthly repayment|
To calculate how much you’ll need to pay on your business loan, input the borrowed amount, loan length (months), and interest rate into the boxes above. The calculator will then return a table showing you your monthly repayments, how much interest may be paying, and the overall balance still outstanding at each stage based on the information you have entered.
Sign Up to Business Tips
Sign Up Today to Business Tips and News