Illustrative business loan calculator
Estimate monthly payments using an amount, annual interest rate and term that you enter. Rates are not preselected or represented as a BDC quote.
Enter your own assumptions
Enter a written lender quote or a hypothetical rate. No interest rate is preselected. This estimates a standard loan with equal monthly payments and a fixed annual nominal rate divided by 12. It does not model fees, variable rates, principal postponement, balloon payments, taxes or a BDC approval.
How to use the result
Compare the payment with cash available after existing obligations, including a month when project benefits are delayed. Add software subscriptions, support, staff time and taxes to the operating budget. The total loan interest shown here excludes all fees.
LIFT’s two paths have different published repayment limits. Read the current terms, then use the terms actually offered by your lender. Principal postponement can change both payment timing and total interest; ask the lender for a full repayment schedule.