Estimate level monthly business-loan payments, upfront-fee APR and coverage by available cash.
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0.01 – 10,000,000,000 USD
0 – 100 %
1 – 50 years
0 – 10,000,000,000 USD
0 – 10,000,000,000 USD
Monthly business loan payment
$2,075.84
Fixed-rate term loan with fees paid upfront, not an SBA eligibility or underwriting assessment.
Use the level-payment amortization formula at the entered annual rate.
Debt service coverage here = monthly cash available ÷ monthly loan payment.
Use the fixed-payment annuity formula. Total interest equals scheduled payments minus principal. Cash coverage here divides the monthly cash you enter by the monthly loan payment.
At 0% over one year, a $12,000 loan requires $1,000 monthly. With $1,500 monthly cash available for debt service, coverage is 1.5 times the payment before any other debt.
No. Enter cash actually available for debt service and consider other obligations separately. Lenders may define coverage differently and review taxes, statements, collateral and guarantees.
Last updated . Results are estimates for informational purposes only.