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Business Loan Calculator

Reviewed by Malik Samara · Updated May 2026

Estimate monthly payments, total interest, and total payback on any business loan. Enter your loan amount, APR, and term to model term loans, SBA loans, equipment financing, or compare a quote you already have against the market. When you're ready for real numbers, pre-qualify through Manu's partner application — our 75+ lender network returns real, competitive offers.

Estimated monthly payment$3,321
Total interest$19,572
Total paid back$119,572
Get my real rate

Estimates only. Actual rates, fees, and payment schedules depend on loan type, lender, credit profile, and loan structure. Pre-qualifying through Manu uses a soft credit pull and does not affect your credit score.

How to use the calculator

1
Enter your loan amount
How much capital does your business actually need? Most Manu borrowers fall between $25,000 and $500,000.
2
Set the APR
Enter a quote from a lender, or use a typical market rate for the product you're considering — SBA loans run lower, lines of credit run higher.
3
Pick your term
Shorter term = higher monthly payment but less interest paid. Longer term = lower payment but more interest paid over the life of the loan.
4
Compare real offers
Estimates only get you so far. Pre-qualify through Manu's partner application — our 75+ lender network returns real, locked-in offers. No hard credit pull required.

Stop estimating. Get a real offer.

Pre-qualify in 3 minutes with your recent bank statements. No hard credit pull.

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Embed this calculator on your site

Free, no attribution required beyond the small "Powered by Manu" line. Use the embed page for the copy-paste iframe code.

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Frequently asked questions

How accurate is this business loan calculator?

The calculator uses a standard amortizing-loan formula, so the monthly payment is mathematically exact for the inputs you provide. Real lender quotes can differ because of origination fees, daily-pay structures (common in MCAs), variable rates, prepayment terms, and credit-based pricing. Use this as a planning estimate, then pre-qualify through Manu to see your actual numbers.

What APR should I plug in?

It depends on the product. SBA 7(a) loans are typically Prime + 1–2.75%. Term loans range 8–30%. Lines of credit run 10–25%. Equipment financing sits 7–18%. Merchant cash advances are quoted as a factor rate (1.1–1.5x), not an APR.

How is the monthly payment calculated?

Standard amortization formula: M = P × r(1+r)^n / [(1+r)^n − 1], where P is the principal, r is the monthly rate (APR ÷ 12), and n is the number of months. The calculator updates instantly as you change any input.

Can I embed this calculator on my own website?

Yes. Manu publishes a free embeddable widget version of this calculator (and a standalone Apply button) that any business website can install with a one-line iframe. Visit /embed for the snippet.

What's the next step after using the calculator?

Pre-qualify in about 3 minutes through Manu's partner application — just basic business info and recent bank statements, no hard credit pull. Our 75+ lender network returns real offers so you can compare actual numbers instead of estimates.