SBA Loan Calculator

Estimate your monthly payments and total interest for an SBA 7(a) loan.

Loan Amount

Interest Rate (%)

Loan Term (Years)

years

Monthly Payment

$1,293.98

Total Interest

$55,277.07

Total Payments

$155,277.07

Amortization Schedule

Month	Payment	Principal	Interest	Balance
1	$1,293.98	$502.31	$791.67	$99,497.69
2	$1,293.98	$506.29	$787.69	$98,991.41
3	$1,293.98	$510.29	$783.68	$98,481.11
4	$1,293.98	$514.33	$779.64	$97,966.78
5	$1,293.98	$518.41	$775.57	$97,448.37
6	$1,293.98	$522.51	$771.47	$96,925.86
7	$1,293.98	$526.65	$767.33	$96,399.22
8	$1,293.98	$530.82	$763.16	$95,868.40
9	$1,293.98	$535.02	$758.96	$95,333.39
10	$1,293.98	$539.25	$754.72	$94,794.13
11	$1,293.98	$543.52	$750.45	$94,250.61
12	$1,293.98	$547.82	$746.15	$93,702.79
13	$1,293.98	$552.16	$741.81	$93,150.62
14	$1,293.98	$556.53	$737.44	$92,594.09
15	$1,293.98	$560.94	$733.04	$92,033.15
16	$1,293.98	$565.38	$728.60	$91,467.77
17	$1,293.98	$569.86	$724.12	$90,897.92
18	$1,293.98	$574.37	$719.61	$90,323.55
19	$1,293.98	$578.91	$715.06	$89,744.64
20	$1,293.98	$583.50	$710.48	$89,161.14
21	$1,293.98	$588.12	$705.86	$88,573.02
22	$1,293.98	$592.77	$701.20	$87,980.25
23	$1,293.98	$597.47	$696.51	$87,382.78
24	$1,293.98	$602.20	$691.78	$86,780.59
25	$1,293.98	$606.96	$687.01	$86,173.63
26	$1,293.98	$611.77	$682.21	$85,561.86
27	$1,293.98	$616.61	$677.36	$84,945.25
28	$1,293.98	$621.49	$672.48	$84,323.75
29	$1,293.98	$626.41	$667.56	$83,697.34
30	$1,293.98	$631.37	$662.60	$83,065.97
31	$1,293.98	$636.37	$657.61	$82,429.60
32	$1,293.98	$641.41	$652.57	$81,788.19
33	$1,293.98	$646.49	$647.49	$81,141.71
34	$1,293.98	$651.60	$642.37	$80,490.10
35	$1,293.98	$656.76	$637.21	$79,833.34
36	$1,293.98	$661.96	$632.01	$79,171.38
37	$1,293.98	$667.20	$626.77	$78,504.18
38	$1,293.98	$672.48	$621.49	$77,831.69
39	$1,293.98	$677.81	$616.17	$77,153.89
40	$1,293.98	$683.17	$610.80	$76,470.71
41	$1,293.98	$688.58	$605.39	$75,782.13
42	$1,293.98	$694.03	$599.94	$75,088.09
43	$1,293.98	$699.53	$594.45	$74,388.57
44	$1,293.98	$705.07	$588.91	$73,683.50
45	$1,293.98	$710.65	$583.33	$72,972.85
46	$1,293.98	$716.27	$577.70	$72,256.58
47	$1,293.98	$721.94	$572.03	$71,534.63
48	$1,293.98	$727.66	$566.32	$70,806.98
49	$1,293.98	$733.42	$560.56	$70,073.55
50	$1,293.98	$739.23	$554.75	$69,334.33
51	$1,293.98	$745.08	$548.90	$68,589.25
52	$1,293.98	$750.98	$543.00	$67,838.27
53	$1,293.98	$756.92	$537.05	$67,081.35
54	$1,293.98	$762.91	$531.06	$66,318.43
55	$1,293.98	$768.95	$525.02	$65,549.48
56	$1,293.98	$775.04	$518.93	$64,774.44
57	$1,293.98	$781.18	$512.80	$63,993.26
58	$1,293.98	$787.36	$506.61	$63,205.90
59	$1,293.98	$793.60	$500.38	$62,412.30
60	$1,293.98	$799.88	$494.10	$61,612.42
61	$1,293.98	$806.21	$487.77	$60,806.21
62	$1,293.98	$812.59	$481.38	$59,993.62
63	$1,293.98	$819.03	$474.95	$59,174.59
64	$1,293.98	$825.51	$468.47	$58,349.08
65	$1,293.98	$832.05	$461.93	$57,517.04
66	$1,293.98	$838.63	$455.34	$56,678.41
67	$1,293.98	$845.27	$448.70	$55,833.13
68	$1,293.98	$851.96	$442.01	$54,981.17
69	$1,293.98	$858.71	$435.27	$54,122.46
70	$1,293.98	$865.51	$428.47	$53,256.96
71	$1,293.98	$872.36	$421.62	$52,384.60
72	$1,293.98	$879.26	$414.71	$51,505.34
73	$1,293.98	$886.23	$407.75	$50,619.11
74	$1,293.98	$893.24	$400.73	$49,725.87
75	$1,293.98	$900.31	$393.66	$48,825.56
76	$1,293.98	$907.44	$386.54	$47,918.12
77	$1,293.98	$914.62	$379.35	$47,003.49
78	$1,293.98	$921.86	$372.11	$46,081.63
79	$1,293.98	$929.16	$364.81	$45,152.47
80	$1,293.98	$936.52	$357.46	$44,215.95
81	$1,293.98	$943.93	$350.04	$43,272.01
82	$1,293.98	$951.41	$342.57	$42,320.61
83	$1,293.98	$958.94	$335.04	$41,361.67
84	$1,293.98	$966.53	$327.45	$40,395.14
85	$1,293.98	$974.18	$319.79	$39,420.96
86	$1,293.98	$981.89	$312.08	$38,439.07
87	$1,293.98	$989.67	$304.31	$37,449.40
88	$1,293.98	$997.50	$296.47	$36,451.90
89	$1,293.98	$1,005.40	$288.58	$35,446.50
90	$1,293.98	$1,013.36	$280.62	$34,433.15
91	$1,293.98	$1,021.38	$272.60	$33,411.77
92	$1,293.98	$1,029.47	$264.51	$32,382.30
93	$1,293.98	$1,037.62	$256.36	$31,344.68
94	$1,293.98	$1,045.83	$248.15	$30,298.85
95	$1,293.98	$1,054.11	$239.87	$29,244.75
96	$1,293.98	$1,062.45	$231.52	$28,182.29
97	$1,293.98	$1,070.87	$223.11	$27,111.42
98	$1,293.98	$1,079.34	$214.63	$26,032.08
99	$1,293.98	$1,087.89	$206.09	$24,944.19
100	$1,293.98	$1,096.50	$197.47	$23,847.69
101	$1,293.98	$1,105.18	$188.79	$22,742.51
102	$1,293.98	$1,113.93	$180.04	$21,628.58
103	$1,293.98	$1,122.75	$171.23	$20,505.83
104	$1,293.98	$1,131.64	$162.34	$19,374.19
105	$1,293.98	$1,140.60	$153.38	$18,233.60
106	$1,293.98	$1,149.63	$144.35	$17,083.97
107	$1,293.98	$1,158.73	$135.25	$15,925.24
108	$1,293.98	$1,167.90	$126.07	$14,757.34
109	$1,293.98	$1,177.15	$116.83	$13,580.20
110	$1,293.98	$1,186.47	$107.51	$12,393.73
111	$1,293.98	$1,195.86	$98.12	$11,197.87
112	$1,293.98	$1,205.33	$88.65	$9,992.55
113	$1,293.98	$1,214.87	$79.11	$8,777.68
114	$1,293.98	$1,224.49	$69.49	$7,553.19
115	$1,293.98	$1,234.18	$59.80	$6,319.01
116	$1,293.98	$1,243.95	$50.03	$5,075.06
117	$1,293.98	$1,253.80	$40.18	$3,821.26
118	$1,293.98	$1,263.72	$30.25	$2,557.54
119	$1,293.98	$1,273.73	$20.25	$1,283.81
120	$1,293.98	$1,283.81	$10.16	$0.00

Showing all 120 months of the loan term

Best SBA Loan Calculator: 7(a) & 504 Loans

Calculating SBA loan payments is essential for small business owners looking to plan finances, manage cash flow, and estimate interest costs. An SBA Loan Calculator helps you quickly evaluate different loan options, including 7(a) and 504 loans, by comparing monthly payments, total interest, and repayment schedules.

Whether you are financing working capital, real estate, or equipment, using a reliable SBA loan calculator ensures informed decisions and accurate financial planning.

What is an SBA Loan Calculator?

An SBA Loan Calculator is an online tool designed to calculate:

• Monthly payment for your SBA loan based on loan amount, interest rate, and term
• Total interest over the life of the loan
• Total repayment amount
• Effects of extra payments on interest and loan duration

By entering your loan type (7(a) or 504), principal, interest rate, and term, the calculator provides a clear financial picture to help you plan repayments effectively.

Why Use an SBA Loan Calculator?

SBA loans can have varying terms, interest rates, and fees. Even small changes in rate or term can significantly affect total interest and monthly payments. An SBA Loan Calculator helps you:

• Estimate monthly payments for 7(a) or 504 loans
• Compare different loan terms, including up to 25 years
• Understand total interest costs
• Explore the impact of extra payments or early payoff
• Plan real estate or working capital financing accurately

Using a calculator ensures your borrowing decisions are data-driven and aligned with your business goals.

Calculating 7(a) and 504 Loans

Small business owners may consider both SBA 7(a) and 504 loans. With an SBA Loan Calculator, you can enter:

• Loan amount
• Interest rate
• Loan term in years

The calculator will estimate monthly payments, total interest, and total repayment. For 504 loans, which often finance real estate or fixed assets, the tool helps you plan long-term repayment strategies, including optional extra payments.

SBA Loan Calculator Features

Modern SBA calculators often include:

• Support for SBA 7(a) and 504 loans
• Excel export for detailed amortization schedules
• Extra payment analysis to reduce interest and loan term
• Real estate financing scenarios
• Full amortization schedule display

Using these features, business owners can visualize payments over time and make informed funding choices.

Benefits of Using an SBA Loan Calculator

✓Plan monthly payments accurately and avoid surprises
✓Estimate total interest and total repayment amounts
✓Evaluate the impact of extra payments on shortening the loan term
✓Compare 7(a) and 504 loans for different financing needs

A well-designed SBA loan calculator helps business owners make better borrowing decisions, optimize repayment strategies, and save on interest over the life of the loan.

FAQ: SBA Loan Calculator

Q: Can I use the calculator for both 7(a) and 504 loans?

A: Yes. The calculator supports both loan types, allowing you to compare terms, rates, and payments.

Q: Does it show amortization schedules?

A: Yes. Many SBA calculators include a full amortization schedule and optional Excel export.

Q: Can I include extra payments in the calculation?

A: Yes. Entering extra monthly payments allows you to see how they reduce interest and shorten the loan term.

Conclusion

An SBA Loan Calculator is an essential tool for small business owners looking to plan financing accurately. Whether using it for SBA 7(a) or 504 loans, with or without extra payments, the calculator helps estimate monthly payments, total interest, and total repayment effectively.

By leveraging SBA loan calculators with amortization schedules, extra payment options, and Excel export capabilities, business owners can optimize their borrowing strategy, save money, and make well-informed financing decisions.