Fine Point Lending

Business Loan Calculator

Estimate your monthly payments and see how much financing you can afford. Adjust the sliders below to explore different scenarios.

Estimate Your Payments

Adjust the sliders to see how loan amount, term, and interest rate affect your monthly payments.

$250,000
$10k$5M
7.50%
5.5%14.0%
10 Years
1 Yr25 Yrs
Estimated Monthly Payment
$2,968
Total Principal
$250,000
Total Interest
$106,105
* This calculator is for estimation purposes only. Actual rates and payments may vary based on lender approval and your credit profile.

Understanding Your Costs

When comparing business loans, it's crucial to look beyond just the interest rate. Depending on the product, your total cost of capital might be calculated differently:

APR (Annual Percentage Rate)

Used for traditional term loans and SBA loans. The APR represents the true annual cost of borrowing, including the interest rate plus any fees (like origination or closing fees).

Factor Rate

Used for short-term working capital and Merchant Cash Advances. A factor rate (e.g., 1.2) is multiplied by the loan amount to determine the total repayment amount upfront. It does not amortize over time.

Note: The calculator above uses a standard amortization formula suitable for term loans and SBA loans. It does not calculate factor rates for short-term advances.

Ready to grow your business?

Apply once and get matched with multiple lenders. It takes minutes, and checking your options won't impact your credit score.