Payment calculator
Estimated monthly payment—
Total interest: —Total repaid: —
Estimate only. Actual SBA rates, fees and terms vary by lender, program and profile.
How SBA loan payments work
SBA loans are fully amortizing — each payment covers interest plus a slice of principal, so the balance reaches zero by the end of the term. Two levers move your monthly payment the most:
- Term length — real estate can stretch to 25 years, dramatically lowering the payment.
- Rate — SBA 7(a) rates are usually tied to the Prime rate plus a spread; 504 uses a long-term fixed rate.
Tip: a lower monthly payment isn't always cheaper — a longer term reduces the payment but increases total interest. Compare the "total repaid" figure, not just the monthly.
Want the real number? A quick match gets you 7(a) or 504 quotes based on your actual business. Check SBA loan requirements first to see if you qualify.
Frequently asked questions
Is this an official SBA quote?
No — it's an estimate to help you plan. Get matched to see real terms from an SBA lender.
What rate should I enter?
7(a) rates often land in the low-to-mid teens; 504 real-estate rates are typically lower. Try a range to see the impact.