Free Financial Tool
Business Loan Calculator
Compare loan options with real amortization math — monthly payment, total interest, fee-adjusted APR, and a debt-service coverage check so you know whether your business can actually afford the payment.
Origination, processing, closing costs — used for effective APR
Excluding debt payments
Other loans, leases, credit lines
You can comfortably afford this loan — net operating income covers payments 6.34 times over.
Lenders read a DSCR of 1.5+ as a strong cushion above their approval thresholds.
- Monthly payment: $2,839
- Total interest over the term: $90,644
- Effective APR 6.50% — no fees entered, so it equals the nominal rate
Monthly payment
$2,839
$250K @ 6.5% · 10 yr Term loan
Total interest
$90,644
26.6% of total payments
Effective APR
6.50%
No fees entered — equals the nominal rate
DSCR
6.34
Comfortable cushion above lender thresholds
Net operating income $18,000/mo ÷ debt service $2,839/mo = 6.34× coverage
Need Help Understanding Your Results?
Our expert advisors can help you interpret these calculations and create actionable strategies for your business.