Business Loan Calculator
Review an amortisation schedule before you borrow. Compare repayments, interest and financing costs.
Make something useful.
Enter the details, review your result, then copy or export. No account and no AI required.
See a real task before you start
Compare different durations and rates while reviewing the amortisation schedule.
Enter loan terms
Estimate reducing-balance repayments.
Keep this work for next time
Guests can keep using this tool. Members can save and resume drafts across devices, with no AI required.
Save or export a complete editable draft, including repeated line items. Files and passwords are never included. JSON backups stay on your device unless you choose to share them.
Your result
See the output and use its export controls when ready.
Complete the form to get started.
Quality checkpoint
- Check quoted effective interest and fees
- Allow for repayment shocks in your budget
The calculator, builder or download above works independently. AI Assist is an optional explanation and writing helper, never required to complete the core task.
Understand monthly repayments before you sign a business loan
A loan decision should be based on more than the advertised monthly payment. Interest, financed fees, recurring charges and the repayment period all affect the eventual amount paid. This planner uses a standard reducing-balance amortisation model to estimate regular repayments and generate a payment schedule. Actual bank quotations may include different interest conventions, insurance, balloon payments, variable rates, taxes or early settlement provisions.
Before you start
Borrowing cost is determined by more than the advertised interest rate. Consider fees, term, compounding, rate changes and the impact on monthly cash flow. Compare the total amount repaid, not just the instalment.
How to use this tool
- Enter the amount borrowed, annual nominal rate and term in months.
- Add any once-off fee you pay upfront and recurring service fees; these will be shown separately from interest.
- Compare monthly cash pressure and lifetime cost, then export the amortisation schedule to CSV.
A real-world example
A R100,000 loan at 12% nominal annual interest over 24 months has a payment of roughly R4,707.35 before additional fees, using monthly reducing-balance interest.
This is not a formal credit affordability decision or a disclosed regulatory annual percentage rate. Request the lender’s complete quotation.
Check this before you finish
- Confirm whether the interest rate is fixed or variable.
- Include initiation and monthly service fees where applicable.
- Compare repayment schedules against a conservative forecast.
What to avoid
The calculator does not determine approval, affordability requirements or the lender’s final contract terms.
WHAT THIS TOOL ACTUALLY DOESEstimate instalments and total interest for planning.
Frequently asked questions
Why does a longer loan cost more overall?
It reduces the monthly principal payment but typically accrues interest for more periods.
Does the calculator include insurance?
Only if you enter it in the recurring fee field. Other contract costs may be excluded.
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