Financial Tools

Loan Calculator

Plan your loan with confidence. Adjust the inputs to estimate your monthly payments, interest, and total cost.

Loan Type

Term Loan Line of Credit Equipment SBA Loan

Loan Amount

Term Length

Loan Purpose

Business Type

Time in Business

Annual Revenue

Interest Rate (APR)

The rate above is an example, not a quote. Banrox does not set rates: replace it with the APR a lender gave you, or compare current offers.

Values shown are examples. Edit them to match your situation.

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Payment Breakdown

Interest-Only Cost Per Month	n/a
Monthly Payment	Enter a rate
Residual Due At The End	n/a
Upfront Guaranty Fee	n/a
Interest Rate(APR)	Enter a rate
Total Interest	n/a
Total Cost	n/a
Interest per $1 Borrowed	n/a
Payment vs Monthly Revenue	n/a

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Everything here stays in your browser. The link carries your inputs inside the address itself, and the PDF is made by your own device.

For illustration only, not financial advice. Results are estimates based on the numbers you enter and do not constitute an offer, rate quote or approval.

You have the payment. Now find the rate behind it.

Published APRs, terms and fees from term, equipment, SBA and line of credit lenders, dated at the source.

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How this is worked out

The monthly payment is the standard amortised loan payment: principal times the monthly rate, divided by one minus one plus that rate to the power of minus the number of payments. Nothing is rounded until the number is printed.

The APR is a field, not a guess. Banrox is not the lender and does not price loans, so this page never invents a rate from a credit score or a business profile. Enter the rate a lender quoted you and every line follows from it.

Cost per dollar borrowed is total interest divided by the amount, which is the one number that stays comparable when two offers have different terms. A shorter term at a higher rate often wins on it.

Payment against revenue puts the monthly payment over one twelfth of the annual revenue you entered. It is a sizing check, not an approval: revenue is not profit, and a lender will look at what is left after costs.

Line of credit and term loan cost, drawn on the same schedule only when the full amount is drawn
Compare current published loan offers

Questions people ask

Why does Banrox not fill in the interest rate for me?

Because we are not the lender. A rate shown before a lender has quoted one is a guess dressed as a fact, and it moves the payment more than any other field on the page. Enter what you were quoted, or open the offer comparison and take a published APR from there.

What is a good rate on a business loan?

It depends on the product, not on a single number. Term loans and SBA loans price lower than short term working capital, equipment finance sits between them, and a line of credit prices for flexibility. Compare like for like on APR and total cost, never on the monthly payment alone.

Is the line of credit number a real payment?

It is the cost of drawing the full amount and repaying it over the term you set. A line is revolving, so if you draw less or repay sooner you pay less interest. Treat the figure as the ceiling for a full draw.

How much of my revenue should a loan payment take?

Business underwriters generally get uncomfortable above roughly 20% of monthly revenue on the top line, and that is before any other debt. The page flags it at that level. Your own margin matters more than the ratio.

Does the total cost include fees?

No. It is principal plus interest at the APR you entered. Origination fees, draw fees and prepayment penalties sit outside it, so ask for the full fee schedule and add it before you compare two offers.

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