SBA loan calculator

Name: Business Term Loan
Brand: Lendio
Rating: 5 (19631 reviews)

Buying a new business or purchasing real estate?

Yes No

Down payment (min 10%)

$0 $5M

Term length

Max interest rate

SBA loan fees

Estimated monthly payment

$

Total repayment

Principal amount

Total interest paid

Estimated one-time fees $

Estimated down payment $

Estimated interest $

Estimated pay-off date

Principal amount

Total interest paid

Year	Beginning Balance	Interest	Principal	Ending Balance
	$	$	$	$

*Qualification criteria, rates, and other funding terms will vary depending on the type and location of your business, and upon other factors. This is not a guarantee of funding, and it should not be relied upon as an accurate assessment of the availability or terms of the represented funding products.

What the SBA loan calculator does.

This SBA loan calculator provides estimated monthly payments, total repayment, and illustrative fees for an SBA 7(a) loan based on the information you enter and standardized lending assumptions.

What it uses.

This calculator uses:

Loan amount
Loan purpose
Term length
Estimated interest rate ranges tied to SBA guidance
Common SBA fee structures

What it does not do.

This tool:

Does not determine eligibility or approval
Does not guarantee interest rates, terms, or fees
Does not replace lender underwriting or SBA program requirements

Actual loan terms vary by lender, borrower profile, and current SBA guidance.

What information is required for the SBA loan calculator?

To generate an estimate, the SBA loan calculator asks for high-level information in the following categories:

Use of funds (e.g., business acquisition, real estate, or working capital)
Estimated loan amount
Preferred term length
Down payment indicator (where applicable)

No personal, financial, or credit data is required to use this tool.

How the calculator works.

The calculator applies standardized assumptions commonly used in SBA 7(a) lending to estimate:

Monthly payment amounts
Total repayment over the loan term
One-time SBA and lender fees
Estimated payoff timeline

These assumptions are illustrative, not lender-specific.

How to interpret the results.

The results represent directional estimates only and are intended to help you understand how different loan amounts, terms, and purposes may affect payment structure.

The results:

Reflect modeled estimates, not loan offers
May differ from actual lender quotes
Should be reviewed alongside SBA eligibility requirements and lender guidance

SBA loan calculator output breakdown.

Estimated monthly payments

An estimated recurring payment based on principal and interest over the selected term.

Estimated total repayment

The combined amount of principal and interest paid over the life of the SBA loan.

Estimated one-time fees

An approximation of common SBA-related fees that may apply at origination.

Estimated down payment

An estimated upfront contribution based on the loan purpose selected.

Estimated payoff date

A projected date when the loan balance reaches zero under the modeled payment structure.

Amortization schedule

The graph and corresponding chart show how payments typically shift from interest-heavy to principal-heavy over time. Lenders provide official amortization schedules during underwriting.

Common misinterpretations and limitations of the SBA loan calculator.

Estimates are not offers. Calculator outputs are not commitments from lenders or the SBA.
Interest rates vary. Final rates depend on lender policies, borrower credit profile, and market conditions.
Fees are approximations. Lender-specific fees may differ from estimates shown.

Loan amounts are not guaranteed. Actual approved amounts depend on underwriting and program eligibility.

Summary and responsible use.

In summary:

This SBA loan calculator helps you explore possible payment structures for SBA 7(a) loans using standardized assumptions.

Key takeaways:

Results are illustrative, not guaranteed
Estimates vary by lender and borrower profile
The tool does not determine eligibility or approval
Use results as a starting point for further research

Next steps and related resources.

If you want to continue learning about SBA loans, you may find these resources helpful:

FAQs

How much can I qualify for with an SBA loan?

Most SBA loans have a maximum loan amount of $5 million. The amount you qualify for will depend on factors like your credit, annual revenue, and what you intend to do with the funds.

What interest rate will I pay on a SBA loan?

Compared to other types of loans, SBA loans offer attractive interest rates. The rate you pay will depend on the loan program you choose, the loan amount and base rates, like the prime rate and Treasury rates.

How long does it take the SBA to approve a loan?

In general, the SBA loan approval process ranges from 30 to 90 days. Your loan type and lender, however, will determine the exact time frame.

How does an SBA calculator work?

Once you input information—like your loan amount or buyout amount, down payment percentage, and loan term—the calculator will generate an estimated monthly payment and total repayment.

Is getting an SBA loan difficult?

While SBA loans usually require good credit and sufficient revenue, you may still qualify for one with fair or bad credit. Most loans require that you have a credit score of at least 640 and a monthly minimum revenue of $8,000, and have been in business for at least two years.