Business Calc Kit
Business Loan Calculator
Calculate your monthly payments and total cost for a business loan. Enter the loan amount, term, and interest rate to see your payment schedule.

Formula

M=P[i(1+i)n(1+i)n1]M = P \left[ \frac{i(1 + i)^n}{(1 + i)^n - 1} \right]

Where:

M = Monthly payment
P = Principal loan amount
i = Monthly interest rate
n = Number of months