Finder is committed to editorial independence. While we receive compensation when you click links to partners, they do not influence our content.
SBA loan calculator
Estimate monthly payments for that government-backed loan you've been eyeing.
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 calculatorSee how much you'll pay
|Loan terms (in years)|
How to use this SBA loan calculator
- Type in how much you want to borrow under Loan amount.
- Enter your loan term in years (not months) under the Loan terms field.
- 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.
- Click Calculate.
- 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.
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.
Frequently asked questions
More guides on Finder
How to choose a bank
How to choose a bank when you don’t know where to begin.
How COVID-19 has changed business lending in 2021
Embedded financing and a de-emphasis on credit scores look like they’re here to stay.
Unifimoney account review
Unifimoney lets you spend, save and invest, but it’s only free for high-income individuals.
How to start a solo 401(k)
A retirement plan for self-employed individuals but may come with high administrative fees.
Does a car loan affect your mortgage application?
Find out how to increase your borrowing power and get approved for a mortgage even if you have a car loan.
Finder’s Bitcoin Predictions Report: December 2020
58% of panelists expect the Bitcoin bull run to last until at least the second half of 2021.
Ando Spending Account review
Reduce your carbon emissions and enjoy no monthly fees with this ethical checking account.
Upgrade Rewards Checking review
The free Upgrade Rewards Checking account offers 2% cashback, but you can’t deposit checks.
What is Yearn Finance?
Learn how to use DeFi aggregator Yearn Finance to earn interest on your cryptocurrency.
What happens to my home loan if I die?
Learn about what will happen to your home loan when you die and how to avoid any nasty situations with some pre-planning.
Ask an Expert