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Business Loan Calculator

Work out your loan repayments with this business loan calculator.

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Before you apply for a loan it's important you compare your options and understand if you can afford it. Using a business loan calculator can help you compare the costs of two different loans (including any interest and fees) to show you what you'll be paying and when you'll be able to repay it.

How does the business loan calculator work?

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.

How do you use the business loan calculator?

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:

  • Loan term. How long you need to repay the loan. If the repayments are too high you can adjust this after your first calculation.
  • Loan amount. This is the amount you intend to borrow. If the monthly repayments are too much then you can reduce this amount on the commercial loan calculator to see how much you could save.
  • Bank name. Put in the name of two lenders you're considering borrowing from to easily distinguish them.
  • Fixed rate. The annual rate you're charged with the loan.
  • Fixed period. How long this fixed rate stays fixed for.
  • Ongoing rate. If your loan comes with a rate that comes into effect down the track (following an introductory period) this is where to enter it.
  • Upfront fees. Add the establishment fee (if one is charged) here.
  • Fees. If the loan comes with ongoing fees you'll need to add them here along with the frequency they're charged.
  • Discharge fee. If you're charged a discharge fee for exiting your loan early you'll need to add it here.

Moula Business Loan

Moula Business Loan

  • Borrow up to $250,000
  • Flexible lending criteria
  • No hidden fees
Security Logo

100% confidential application

Moula Business Loan

An unsecured business loan with online application and no upfront or early repayment fees.

  • Interest rate type: Fixed
  • Interest rate: from 8.3% p.a. to 29.22% p.a.
  • Comparison rate: from 15.64% p.a. to 52.14% p.a.
  • Establishment Fee: 2% Establishment fee
  • Minimum loan amount: $5,000
  • Maximum loan amount: $250,000
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Compare business loan rates below

Data updated regularly
Name Product Starting Interest Rate (p.a.) Starting comparison Rate (p.a) Max. Loan Amount Loan Term Upfront Fee
Moula Business Loan
From 8.3 %
15.64%
$250,000
1 to 2 years
2% Establishment fee
You will receive a comparison rate between 15.64% p.a. and 52.14% p.a. based on your risk profile
A loan of up to $500,000 that can be approved and funded within 24 hours. Available to businesses with 6+ months operating history and $5,000+ monthly sales.
Lumi Unsecured Business Loan
From 15 %
15.64%
$300,000
3 months to 3 years
2.5% establishment fee
You will receive a comparison rate of between 15.64% p.a. and 52.14% p.a. based on your risk profile
Apply for up to $300,000 from Lumi and benefit from short loan terms, no early repayment fees and once approved receive your funds in just one business day.
Max Funding Unsecured Business Loan
From 24 %
24%
$30,000
1 month to 1 year
$0 application fee
You will receive a comparison rate between 24% p.a. and 40% p.a. based on your risk profile
An unsecured business loan from $2,000 that offers convenient pre-approval and no early repayment fees.
Valiant Finance Business Loan Broker
From 9.9 %
12%
$1,000,000
3 months to 5 years
$0 application fee
You will receive a comparison rate between 12% p.a. and 52.14% p.a. based on your lenders risk assessment
A Small Business Lending Specialist from Valiant Finance can give you access to competitive business loans from over 60 lenders. Loans between $5,000 and $1 million are available. Request a call – your loan can be funded in 1 business day.
Prospa Business Loan
From 9.9 %
11.75%
$300,000
3 months to 3 years
3% origination fee
You will receive a comparison rate of between 11.75% p.a. and 33.5% p.a. based on your risk profile
Eligible businesses can qualify for a loan of up to $100,000 or up to $300,000 with asset security. Eligibility for loans over $150,000 will be determined based on a variety of factors regarding your business.
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The interest rates offered by each provider are indicative interest rates that have been supplied by each provider. These rates change often. Please ensure you confirm the actual interest rate with the relevant provider prior to applying for any loan.

How to use the business loan calculator to save you money

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:

  • 1. Reduce repayments. While this doesn't save you money in the long run, by reducing your repayments you will be able to keep money in your business for longer. This can help cash flow and can save your business money, even if you end up paying more money on your loan.
  • 2. Reduce your loan term. By decreasing the amount of time you borrow the loan amount for, you may increase your repayments but you could save a considerable amount.
  • 3. Compare your loan options. The best way to save money on a loan is to compare your options and find the best deal. When you're comparing you should take into account the upfront and ongoing fees of the loan as well as the interest rate.
  • 4. Alter your repayments. If you have chosen a monthly repayment frequency, you may find that you can save money on interest by making repayments more frequently. If you find you need to adjust your repayments due to cash flow issues, you can use the commercial loan calculator to see what making interest-only repayments will cost you.

Moula Business Loan

Moula Business Loan

  • Borrow up to $250,000
  • Flexible lending criteria
  • No hidden fees
Security Logo

100% confidential application

Moula Business Loan

An unsecured business loan with online application and no upfront or early repayment fees.

  • Interest rate type: Fixed
  • Loan security: Unsecured
  • Upfront fee: 2% Establishment fee
  • Minimum loan amount: $5,000
  • Maximum loan amount: $250,000
  • Maximum loan term: 2 years
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Business lenders you can compare

Data updated regularly
Name Product Min. Loan Amount Max. Loan Amount Loan Term Upfront Fee Filter Values
Moula Business Loan
$5,000
$250,000
1 to 2 years
2% Establishment fee
A loan of up to $250,000 that can be approved and funded within 24 hours. Available to businesses with 6+ months operating history and $5,000+ monthly sales.
Zip Business
$10,000
$500,000
6 months to 3 years
No Establishment fee
Borrow up to $500,000 with loan terms of up to 3 years. Flexible weekly, fortnightly and monthly repayment options available with no early repayment fees.
Lumi Unsecured Business Loan
$5,000
$300,000
3 months to 3 years
2.5% establishment fee
Apply for up to $300,000 from Lumi and benefit from short loan terms, no early repayment fees and once approved receive your funds in just one business day.
ebroker Business Loan
$5,000
$5,000,000
1 month to 30 years
$0 application fee
Small business loans available between $5,000 and $5,000,000. Get access to 70+ non-bank lenders on this independent platform.
Max Funding Unsecured Business Loan
$3,000
$30,000
1 month to 1 year
$0 application fee
An unsecured business loan from $3,000 that offers convenient pre-approval and no early repayment fees.
Valiant Finance Business Loan Broker
$5,000
$1,000,000
3 months to 5 years
$0 application fee
A Business Lending Specialist from Valiant Finance can give you access to competitive business loans from over 70 lenders. Loans between $5,000 and $1 million are available. Request a call – your loan can be funded in 1 business day.
Octet Trade Finance
$200,000
$8,000,000
1 month to 2 years
Transaction fee 2.5%
Access a line of credit to pay suppliers in over 65 countries. Borrow from $200,000 up to $7 million.
OnDeck Business Loans
$10,000
$250,000
6 months to 2 years
3% of loan amount
Apply for up to $250,000 and receive your approved funds in one business day. Minimum annual turnover of $100,000 and 1 year of trading history required.
Heritage Bank Fully Drawn Business Loan
$20,000
No maximum amount
1 to 25 years
Application fee is available upon application
Get access to a loan from $20,000 with no maximum limit with Heritage Bank. Loans can be secured by residential and non-residential property and have terms of up to 25 years.
Prospa Business Loan
$5,000
$300,000
3 months to 3 years
3% origination fee
Small business loans are available from $5,000 - $300,000 on terms of up to 3 years. At least six months trading history and a monthly turnover from $6,000 is necessary.
ANZ Secured Business Loan
$10,000
$10,000,000
Up to 15 years
$600
Benefit from a low rate when you secure this loan with property and/or business assets. Loans from $10,000 available.
ANZ Unsecured Business Loan
$10,000
$1,000,000
Up to 15 years
$600
Apply for a loan from $10,000 with no security required and benefit from flexible repayment terms.
Westpac Business Loan
$20,000
$1,000,000
1 to 30 years
$0 application fee
Purchase a new vehicle, equipment or support your cash flow with a business finance solution from Westpac.
Heritage Bank Business Line of Credit
$50,000
$500,000
Up to 25 years
The application fee amount is available upon request
Get access to a credit limit from $50,000 to $500,000 on terms of up to 25-years.
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Valiance Finance Logo

Get access to a wide range of business finance options with Valiant Finance. Fill out this form to speak to an expert.

Valiant Finance works with a large panel of lenders that can help you find a loan for your business.

  • Access to 60+ lenders
  • Dedicated credit specialists
  • Various loan options available

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2 Responses

    Default Gravatar
    minkyoungFebruary 10, 2018

    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

      Avatarfinder Customer Care
      RenchFebruary 28, 2018Staff

      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

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