{
  "slug": "business-loan-payment",
  "title": "Business Loan Payment Calculator",
  "heading": "Business Loan Payment Calculator",
  "category": "financial",
  "url": "https://www.revenuelab.fyi/toolbox/business-loan-payment",
  "summary": "Monthly payment, total interest, and true cost.",
  "description": "Business loans often carry origination fees that raise the real rate. This shows the payment and the all-in cost including fees.",
  "formula": "P = L × r ÷ (1 − (1+r)^−n)",
  "dateModified": "2026-09-30",
  "run_url": "https://www.revenuelab.fyi/api/public/calc?tool=business-loan-payment",
  "inputs": [
    {
      "id": "amount",
      "label": "Loan amount",
      "kind": "number",
      "hint": null,
      "default": 100000,
      "unit": "$",
      "min": 0,
      "max": null
    },
    {
      "id": "rate",
      "label": "Interest rate",
      "kind": "number",
      "hint": null,
      "default": 9.5,
      "unit": "%",
      "min": 0,
      "max": 60
    },
    {
      "id": "years",
      "label": "Term",
      "kind": "number",
      "hint": null,
      "default": 5,
      "unit": "years",
      "min": 0.5,
      "max": 30
    },
    {
      "id": "fee",
      "label": "Origination fee",
      "kind": "number",
      "hint": null,
      "default": 3,
      "unit": "%",
      "min": 0,
      "max": 15
    }
  ],
  "outputs": [
    {
      "id": "monthly",
      "label": "Monthly payment",
      "format": "currency",
      "hint": null,
      "primary": true
    },
    {
      "id": "interest",
      "label": "Total interest",
      "format": "currency",
      "hint": null,
      "primary": false
    },
    {
      "id": "totalCost",
      "label": "Total cost with fees",
      "format": "currency",
      "hint": null,
      "primary": false
    },
    {
      "id": "fee",
      "label": "Origination fee",
      "format": "currency",
      "hint": null,
      "primary": false
    },
    {
      "id": "netProceeds",
      "label": "Cash actually received",
      "format": "currency",
      "hint": null,
      "primary": false
    }
  ],
  "worked_example": {
    "inputs": [
      "Loan amount: 100000 $",
      "Interest rate: 9.5 %",
      "Term: 5 years",
      "Origination fee: 3 %"
    ],
    "outputs": [
      "Monthly payment: $2,100.19",
      "Total interest: $26,011",
      "Total cost with fees: $129,011",
      "Origination fee: $3,000",
      "Cash actually received: $97,000"
    ]
  },
  "how_to": {
    "title": "How to use this",
    "steps": [
      "Enter loan amount ($).",
      "Enter interest rate (%).",
      "Enter term (years).",
      "Enter origination fee (%).",
      "Read your monthly payment on the right — it updates as you type.",
      "Hit Share to keep the scenario or send it to someone."
    ]
  },
  "scenarios": [
    {
      "name": "Conservative",
      "description": "Lower-end numbers — what if things land soft?",
      "values": {
        "amount": 60000,
        "rate": 9.5,
        "years": 3,
        "fee": 1.7999999999999998
      }
    },
    {
      "name": "Typical",
      "description": "Defaults — the most common real-world setup.",
      "values": {
        "amount": 100000,
        "rate": 9.5,
        "years": 5,
        "fee": 3
      }
    },
    {
      "name": "Ambitious",
      "description": "Higher-end numbers — what if things really pop?",
      "values": {
        "amount": 160000,
        "rate": 9.5,
        "years": 8,
        "fee": 4.800000000000001
      }
    }
  ],
  "limitations": [
    "Results are estimates before tax, fees, and inflation unless an input explicitly covers them.",
    "Rates are treated as fixed for the whole period — variable-rate products will drift from this projection.",
    "This is educational maths, not financial advice. Check anything contractual with the lender or your accountant."
  ],
  "faq": [
    {
      "q": "How does the business loan payment calculator work?",
      "a": "Business loans often carry origination fees that raise the real rate. This shows the payment and the all-in cost including fees. The underlying maths is: P = L × r ÷ (1 − (1+r)^−n)"
    },
    {
      "q": "What do I need to enter?",
      "a": "4 values: loan amount, interest rate, term, and origination fee. Each field starts with a sensible default, so you can change one number at a time and watch the result move."
    },
    {
      "q": "What does the monthly payment result mean?",
      "a": "It is returned as a money amount in US dollars and updates live as you edit the inputs, so you can compare two or three versions of a scenario in a few seconds."
    },
    {
      "q": "Is this calculator free, and do I need an account?",
      "a": "Yes, it's free, and no account is required. Nothing you type is stored on our servers — the maths runs entirely in your browser."
    },
    {
      "q": "How accurate is the result?",
      "a": "It applies the standard formula exactly, so the arithmetic is precise. Results are estimates before tax, fees, and inflation unless an input explicitly covers them."
    },
    {
      "q": "Who is this tool for?",
      "a": "It's built for anyone comparing money scenarios before committing — budgeting a payment, sanity-checking a quote, or seeing what a change in rate or term actually costs."
    }
  ],
  "related": [],
  "license": "CC-BY-4.0",
  "citation": "RevenueLab — Business Loan Payment Calculator (https://www.revenuelab.fyi/toolbox/business-loan-payment)"
}