Small Business Tool
SBA Loan Calculator
Calculate monthly payments, total interest, and SBA guarantee fees for 7(a), 504, Express, and Microloan programs.
Loan Details
Typical: Prime + 2.25-4.75%
Your SBA Loan Estimate
Monthly Payment
$3,036
for 120 months
Total Interest
$139,324
Loan Breakdown
Loan Amount$250,000
Down Payment (10%)-$25,000
Amount Financed$225,000
Total Interest+$139,324
SBA Guarantee Fee+$6,750
Total Cost of Loan$371,074
Monthly
$3,036
Interest Rate
10.5%
Guarantee Fee
$6,750
First Year Amortization
| Month | Principal | Interest | Balance |
|---|---|---|---|
| 1 | $1067 | $1969 | $223,933 |
| 2 | $1077 | $1959 | $222,856 |
| 3 | $1086 | $1950 | $221,770 |
| 4 | $1096 | $1940 | $220,674 |
| 5 | $1105 | $1931 | $219,569 |
| 6 | $1115 | $1921 | $218,455 |
| 7 | $1125 | $1911 | $217,330 |
| 8 | $1134 | $1902 | $216,196 |
| 9 | $1144 | $1892 | $215,051 |
| 10 | $1154 | $1882 | $213,897 |
| 11 | $1164 | $1872 | $212,732 |
| 12 | $1175 | $1861 | $211,558 |
SBA 7(a) Details:
- Max loan: $5,000,000
- Max term: 25 years
- Typical rate: Prime + 2.25-4.75%
SBA Loan Programs
7(a) Loan
Up to $5M
Most common SBA loan for general business purposes
504 Loan
Up to $5.5M
For real estate and major equipment purchases
Express
Up to $500K
Faster approval, 36-hour SBA response
Microloan
Up to $50K
Small loans, no guarantee fee, 6-year max
Frequently Asked Questions
Official SBA Resources
Learn more about SBA loan programs:
- SBA.gov: Loan Programs
Official SBA loan program information
- SBA Lender Match
Find SBA-approved lenders in your area
This calculator provides estimates. Actual loan terms vary by lender and your creditworthiness. Contact an SBA-approved lender for specific terms.