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Business loans typically have higher rates than personal loans and may have origination fees. This calculator computes fixed monthly payments and total interest for term business loans.
Review the inputs carefully and treat the output as an estimate. For decisions involving money, taxes, health, law, or security, compare the result with trusted professional guidance when needed.
What is a typical business loan rate?
Rates vary widely — SBA loans average 6–8%, while short-term lenders may charge 15–30% or more. Always compare APR including fees.
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Calculate monthly loan payments, total interest, and total repayment cost for any loan type.
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