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SBA loan calculator

Estimate monthly payments for that government-backed loan you've been eyeing.

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Fact checked

The Small Business Administration (SBA) loan programs are some of the best ways to get funding for everything from working capital to buying new equipment. These loans often come with lower interest rates, larger amounts and longer terms than many private business lenders can offer. When comparing programs, use our calculator to estimate how much you’ll pay each month based on the loan amount, interest rate and term to help you find the best option for your business.

SBA loan repayment calculator

See how much you'll pay
Your loan
Loan amount
$
Loan terms (in years)
Interest rate
$ %

Fill out the form and click on “Calculate” to see your estimated monthly payment.

or

Compare SBA loans now

Based on your loan terms...

You can expect to pay back $ per month

This breaks down to...

$ in principal and $ in interest charged Compare SBA loans now

How to use this SBA loan calculator

  1. Type in how much you want to borrow under Loan amount.
  2. Enter your loan term in years (not months) under the Loan terms field.
  3. Enter the loan’s interest rate if it doesn’t come with any fees under Interest rate. If your loan does come with fees, enter the annual percentage rate (APR), which includes interest and fees combined.
  4. Click Calculate.
  5. Review your results.

Not only will our calculator show your monthly repayments, but also how much you’ll pay in interest over your entire loan term.

Bottom line

When you’re looking for an SBA loan to help your business expand or just stay afloat, knowing how much you’ll pay both each month and in total is crucial to figuring out which option to choose. You can learn more about the different offers out there by reading our guide to SBA loans.

Need to calculate something different? Check out our full list of personal finance calculators.

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