The business loan calculator allows you to put in the details of two business loans so you can find out which loan you want to apply for. You can also just put in the details of one loan to see how much you will pay for it.
Once you've put in the details, the calculator will show you the repayments you need to make over time and the total repayments you need to make. If you're comparing two loans it will show you which one is the better option.
To work out how much your business loan will cost you, simply adjust the following fields in the business loan calculator to represent your intended loan:
The business loan repayment calculator doesn't only show you how much your business loan will cost you; it can also show you how to reduce the amount you pay. Here are some ways to use the calculator to see if you can save money:
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Borrow up to $500,000 with an unsecured business loan from Lumi.
Justine Mclean is a business finance expert, author, speaker, financial educator and host of the Secrets of Successful Business podcast. With 30 years of experience in small business, Justine is on a mission to help business owners increase their financial literacy, build solid financial foundations and create profitable and sustainable businesses.
Justine released her book Become A Business Money Magnet - Simple habits to manage your money and supercharge your profits in 2024; she is a registered BAS Agent, Ladies Finance Club Ambassador, and named one of Coach Foundation's Top Female Business Coaches for 2022.
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I would like to get a loan about 80,000 for taking a business – allied health clinic including psychology, podiatry, and physio.
I am planning to pay back in 2 years. please let me know how much would be the payable amount.
Thanks
Hi Pia,
Thanks for your inquiry.
The business loans available in the market you can compare with are listed above this page. Once you’ve chosen a loan from the list, you can click it to find out the details and the minimum criteria. If you think you meet the requirements, you can also click on the green “Go to site” button to submit your loan application directly from their page.
You may also refer to other business loans. I would suggest that you contact the lender to confirm your eligibility and options as well as discuss the calculation of your possible repayments. Also, please ensure you review the relevant Product Disclosure Statements/Terms and Conditions when comparing your options before making a decision on whether it is right for you. You can also contact the provider if you have specific questions.
Best regards,
Rench