Free tool
Business Loan Calculator
Work out the monthly repayment, total interest and total cost of a business loan. Change the amount, rate and term to see how each one affects what you pay.
This calculator assumes a fixed rate, equal monthly repayments and no fees. Real offers may include arrangement fees and are subject to status.
Your estimate
Repayments by Year
| Year | Paid that year | Of which interest | Balance at year end |
|---|---|---|---|
| 1 | £19,360 | £4,323 | £34,963 |
| 2 | £19,360 | £2,749 | £18,351 |
| 3 | £19,360 | £1,009 | £0 |
What affects your rate?
Your turnover, profitability, time trading, credit history and whether you can offer security. Secured loans usually cost less than unsecured loans.
Shorter or longer term?
A longer term lowers the monthly payment but increases the total interest. Try changing the term above to see the difference.
Which loan fits?
See unsecured loans, secured loans or the funding finder to match the loan to your goal.
Get real quotes from UK lenders
The calculator gives an estimate. Compare actual offers for your business in one quick enquiry, with no impact on your credit score.
Step 1 of 3 · Business loan
How much do you need?
Takes about a minute. No impact on your credit score.