Business Loan Payment Calculator with Eye-Opening Sales Revenue Feature

Business Loan Payment Calculator Sign

This calculator will calculate the principal and interest payment amount required to repay a small business loan within the desired time frame, using your preferred payment interval (monthly, quarterly, annually, etc.).

And unlike the typical small business loan calculator, this calculator has an optional profit margin percentage field that, if filled in, will estimate how much in sales revenues your business will need to generate in order to repay the small business loan principal and interest.

But be forewarned, if you don't want to be talked out of starting your business, you may want to leave the profit margin field blank!

And finally, the calculator on this page also includes an option for displaying a loan payment schedule along with the results.

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Business Loan Payment Calculator

Calculate business loan payment amount and the sales revenues needed to repay the principal and interest.

Special Instructions

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Selected Data Record:

A Data Record is a set of calculator entries that are stored in your web browser's Local Storage. If a Data Record is currently selected in the "Data" tab, this line will list the name you gave to that data record. If no data record is selected, or you have no entries stored for this calculator, the line will display "None".

DataData recordData recordSelected data record: None
Loan amt:Loan amount:Business loan amount:Starting a small business loan amount:

Starting a small business loan amount:

Enter the amount of the business loan, otherwise referred to as the Principal. Enter as a dollar amount, but without the dollar sign and any commas.

Loan rate:Loan interest rate:Small business loan interest rate:Small business loan interest rate:

Small business loan interest rate:

Enter the annual interest rate you will be charged for the business loan -- which is typically much higher than the going mortgage rate due to the added risk being taken on by the lending institution. Enter as a percentage but without the percent sign (for .08 or 8%, enter 8).

Loan years:Number of years:Number of years to repay loan:Number of years to repay loan:

Number of years to repay loan:

Enter the number of years the payment will be based on (typically 30 years).

Pmt freq:Payment frequency:Loan payment frequency:Loan payment frequency:

Loan payment frequency:

Select the payment frequency you would like to use for repaying the business loan. Generally speaking, the longer the interval between payments, the more you will pay in interest charges.

Date of first payment:

Date of first payment:

Select the month, day, and year you plan to make your first loan payment. The calculator will use this date to create a payment schedule should you choose to have it included in the results.

Profit margin:AT profit margin:Anticipated after-tax profit margin:Anticipated after-tax profit margin:

Anticipated after-tax profit margin:

If you would like to see how much sales your business will need to generate just to repay the business loan and pay the interest charges, enter your anticipated before-tax, before debt-retirement profit margin percentage here. Enter as a percentage but without the percent sign (for .10 or 10%, enter 10).

Schedule?Incl schedule?Include payment schedule?Include payment schedule?

Include payment schedule?

If you would like the results to include a loan payment schedule, slide the button to the "Yes" position.

Pmt amt:Payment amount:Loan payment amount:Loan payment amount:

Loan payment amount:

Based on your entries, this is how much your business loan payment will be for each interval you selected.

Interest cost:Interest cost:Loan interest cost:Loan interest cost:

Loan interest cost:

Based on your entries, this is how much interest you will pay on your small business loan between now and when you make your final payment.

Sales need:Sales needed:Sales needed to repay loan with interest:Sales needed to repay loan with interest:

Sales needed to repay loan with interest:

Based on your entries, this how much sales revenue your business will need to generate in order to repay the business loan and the interest charges.

If you would like to save the current entries to the secure online database, tap or click on the Data tab, select "New Data Record", give the data record a name, then tap or click the Save button. To save changes to previously saved entries, simply tap the Save button. Please select and "Clear" any data records you no longer need.

Help and Tools


Three important lessons I've learned in my 30+ years of being self-employed.

Small Business Lesson #1

Choose the Right Business to Start

Believe it or not, it is possible to be earning a 6-figure annual income from your business and still be miserable.

How so?

Well, that's easy. If you're spending 80-hours a week engaged in activities you don't enjoy, then it's unlikely the 6-figure income and the few hours of free time will be able to make up for all those hours of misery.

Having experienced this phenomenon myself, my answer to anyone who ever asks me whether or not I think they should start a particular business is to ask themselves this question ...

If you had all of the money you could ever spend, would you still open this business just because it would be an enjoyable way to help others solve a problem that's important to you?

If their answer to that question is a "no", then I do my best to persuade them to pass on that particular business opportunity.

If you don't enjoy the type of work you will be doing day in and day out, and/or the problem the business attempts to solve for others is not that dear to you, then any financial profits it generates for you will likely be more than offset by your emotional losses.

Small Business Lesson #2

It's Easier To Go Broke Laying On Your Couch Doing Nothing

One of the biggest mistakes I made early on in my entrepreneurial journey -- and one I made more than once -- was falling in love with a business idea so much that I felt thorough research of its profitability potential was unnecessary.

After going through several business failures it finally occurred to me that it's a lot easier to go broke laying on the couch than it is to work 80-hours a week to go broke.

Once I fully embraced that concept I began to approach each subsequent business idea with the mindset that the business idea was destined to fail -- unless my thorough research of its probability of success could prove otherwise. In other words, if I can't make a business idea work on paper, I won't try to make it work in the real world.

Case in point: I love to golf and wanted in the worst way to open an indoor golf simulator business in my local community. Well, after locating a few indoor golf simulator businesses in similar sized communities with similar demographics and weather patterns, and keeping a close eye on them, every one of those indoor golf simulator businesses ended up "out of business" within one year of locating them. It was heartbreaking, to say the least.

So while watching a beloved business idea fail in the research stage can be heartbreaking, it's much less traumatic and less devastating -- and much easier to recover from -- than having it fail after making a go of it in the real world.

Small Business Lesson #3

Small Business Loans Can Undermine Your Natural Abilities

Like other forms of "easy access to credit," easy access to small business loans can easily undermine your natural decision-making and problem-solving abilities.

It's always easier to spend other people's money -- because it's money you haven't had to earn with your own sweat, blood, and tears.

Unfortunately, we all tend to view "borrowed money" as other people's money, when in reality it's not. Because when we are forced to pay back the money we borrow it will be with money we had to earn with our own blood, sweat, and tears.

Therefore, to ensure you're not undermining your natural decision-making and problem-solving abilities, before taking out a starting-a-small-business loan, honestly answer "yes" or "no" to this question ...

If I had this small business loan amount in my bank account, would I still choose to spend it all to start this business?

If your answer to that question is a resounding "Yes!", and your unbiased research has shown a high probability that the business will be able to repay the loan and still leave you enough to live on, then a small business loan may be worth shopping for.

On the other hand, if you had the small business loan amount in your bank account, but you would not consider parting with it to start this business, then you probably shouldn't consider borrowing the money to start it either.

Adjust Calculator Width:

Move the slider to left and right to adjust the calculator width. Note that the Help and Tools panel will be hidden when the calculator is too wide to fit both on the screen. Moving the slider to the left will bring the instructions and tools panel back into view.

Also note that some calculators will reformat to accommodate the screen size as you make the calculator wider or narrower. If the calculator is narrow, columns of entry rows will be converted to a vertical entry form, whereas a wider calculator will display columns of entry rows, and the entry fields will be smaller in size ... since they will not need to be "thumb friendly".

Show/Hide Popup Keypads:

Select Show or Hide to show or hide the popup keypad icons located next to numeric entry fields. These are generally only needed for mobile devices that don't have decimal points in their numeric keypads. So if you are on a desktop, you may find the calculator to be more user-friendly and less cluttered without them.

Stick/Unstick Tools:

Select Stick or Unstick to stick or unstick the help and tools panel. Selecting "Stick" will keep the panel in view while scrolling the calculator vertically. If you find that annoying, select "Unstick" to keep the panel in a stationary position.

If the tools panel becomes "Unstuck" on its own, try clicking "Unstick" and then "Stick" to re-stick the panel.