Effective APR

The origination fee is deducted up front, so you receive less than the loan amount but repay the full principal. Effective APR is the rate that produces your actual monthly payment from the net amount received.

Frequently Asked Questions

Is the Business Loan Calculator free to use?

Yes, the Business Loan Calculator is 100% free to use. There are no subscriptions, no sign-ups, and no hidden fees.

Is my data safe when using the Business Loan Calculator?

Absolutely. All calculations performed by the Business Loan Calculator happen locally in your web browser. We do not store, track, or transmit your inputs or results to any server.

How accurate is the Business Loan Calculator?

Our Business Loan Calculator uses industry-standard formulas and methodology. You can view the exact formula and calculation logic used in the methodology section above to verify the math yourself.

Can I use the Business Loan Calculator on my mobile phone?

Yes! The Business Loan Calculator is fully responsive and works seamlessly on all devices including smartphones, tablets, and desktop computers.