Term Loan Calculator

Calculate Your Business Term Loan Payments and Total Cost with Our Easy-to-Use Calculator

Calculate your loan

Loan Amount $100,000

$10,000$1,000,000

Interest Rate 12.000%

6%36%

Loan Term 3 years

1 year10 years

Loan Details

Loan Amount:$100,000

Interest Rate:12.000%

Term:3 years

Total Payments:36 payments

These calculations are estimates only. Final terms are subject to approval and underwriting review.

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See your custom terms in 60 seconds

Full Name

Email Address

Phone Number

Monthly Payment

$3,322

/mo

Total Repayment

$119,592

Total Interest Cost

$19,592

(Above loan amount)

Term Loan Benefits

✓ Fixed monthly payments

✓ Predictable repayment schedule

✓ Build business credit

What is a Term Loan?

A business term loan is a traditional financing option that provides a lump sum of capital upfront, which you repay over a fixed period (the "term") with regular monthly payments. Term loans offer predictable repayment schedules with fixed interest rates, making it easier to budget and plan for your business expenses. These loans are ideal for significant one-time investments such as purchasing equipment, expanding operations, buying real estate, or refinancing existing debt. With terms typically ranging from 1 to 10 years, term loans provide the stability and structure many businesses need for long-term growth and success.