SBA 7(a) Loan Calculator

This simple SBA 7a loan calculator helps you understand the cost of your loan. See monthly interest & repayment amounts, as well as total interest & cost.

Your loan details

- %
- years

This calculator is intended for illustration purposes only and exact payment terms should be agreed with a lender before taking out a loan.

Your results

Total payments

- months

Total interest paid


Total financing cost


Monthly loan payment


Total annual payments


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How to use a SBA 7a loan calculator

If you’re considering applying for an SBA loan to finance your business, our SBA loan calculator may assist you in approximating your monthly payment amount and amortization schedule.

SBA loans offer several advantages, including longer repayment periods and lower interest rates than other types of small business loans. This typically results in lower monthly payments, allowing business owners to use the funds to invest in their business and generate profits before repaying the loan in full.

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