Business Loan Calculator
Calculate your monthly payments, total interest, and view a complete amortization schedule.
Loan Details
£50,000
£1,000£1,000,000
How much do you need to borrow?
5 years
0 years 6 mo30 years
Longer terms = lower monthly payment but more interest
7.0%
4.0%20.0%
Your actual rate depends on credit score and business type
Loan Type
Affects interest rate range and available terms
Monthly Payment
£990.06
Loan Amount
£50,000
Total Interest
£9,404
Total Repayment
£59,404
Principal vs Interest
Principal
£50,000Interest
£9,404Total£59,404
Amortisation Schedule
| Year | Payment | Interest | Principal | Balance |
|---|---|---|---|---|
| Year 1 | £11,881 | £3,226 | £8,655 | £41,345 |
| Year 2 | £11,881 | £2,600 | £9,281 | £32,065 |
| Year 3 | £11,881 | £1,929 | £9,951 | £22,113 |
| Year 4 | £11,881 | £1,210 | £10,671 | £11,442 |
| Year 5 | £11,881 | £438 | £11,442 | £0 |