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Business Loan Calculator
Calculate business loan payments, analyze cash flow impact, and assess loan qualification
Monthly Payment
$1,603
Term Loan
Total Loan Cost
$96,182
Including all fees
DSCR
1.85:1
Debt Service Coverage
Qualification
Likely Approved
Low Risk
Loan Details
Term Loan
Traditional fixed-amount loan with regular payments
- • Fixed monthly payments
- • Predictable payment schedule
- • Lower rates for good credit
- • Can be secured or unsecured
Business Information
Cash Flow Analysis
Monthly Revenue: $41,667
Operating Expenses: -$35,000
Existing Debt: -$2,000
Current Cash Flow: $4,667
New Loan Payment: -$1,603
Projected Cash Flow: $3,064
Loan Analysis
Qualification Assessment
Loan Decision: ✓ Likely Approved
Risk Level: Low
Key Factors:
- • Strong financials and credit profile
Financial Ratios
DSCR (Debt Service Coverage): 1.85:1
Payment to Cash Flow: 34.35%
• DSCR ≥ 1.25 is preferred
• LTV ≤ 80% reduces risk
• Payment ≤ 30% of cash flow is ideal
Cost Breakdown
Loan Amount: $100,000
Down Payment: -$20,000
Net Loan Amount: $80,000
Total Interest: $16,182
Fees: $0
Total Cost: $96,182
DSCR Guidelines
≥ 1.25: Excellent (Low Risk)
1.15 - 1.24: Good (Medium Risk)
1.00 - 1.14: Marginal (High Risk)
< 1.00: Poor (Very High Risk)
Amortization Schedule
| Year | Annual Payment | Principal | Interest | Remaining Balance |
|---|---|---|---|---|
| 1 | $19,236 | $13,701 | $5,535 | $66,299 |
| 2 | $19,236 | $14,765 | $4,472 | $51,534 |
| 3 | $19,236 | $15,911 | $3,326 | $35,623 |
| 4 | $19,236 | $17,146 | $2,090 | $18,477 |
| 5 | $19,236 | $18,477 | $759 | $0 |
Business Loan Guide
Loan Types Comparison
- • Term Loans: Fixed amount, regular payments
- • SBA Loans: Government-backed, favorable terms
- • Equipment Financing: Equipment as collateral
- • Line of Credit: Flexible access to funds
Qualification Requirements
- • Strong credit score (680+ preferred)
- • Positive cash flow and DSCR ≥ 1.25
- • Business operating 2+ years
- • Industry experience and business plan