Business loan calculator
Estimate repayments, total interest and total cost on any business loan. Works for unsecured loans, cash flow loans and 1st or 2nd mortgages.
The short answer
Enter the loan amount, the interest rate from your offer, the term and how often you'll repay. The calculator shows your repayment per week, fortnight or month, plus total interest and total cost including fees, so you can check a loan fits your cash flow before you commit.
How to use the results
The weekly, fortnightly or monthly figure is what leaves your account each period. Put it next to your quietest month of trading, not your best one. If the repayment still feels comfortable in a slow month, the loan is likely to be manageable.
Total interest is the cost of borrowing over the full term. A longer term lowers each repayment but usually increases total interest. A shorter term costs less overall but asks more of your cash flow each week.
Short term or long term?
Match the term to what you're funding. A cash flow gap or a stock purchase that sells within months suits a short term. Equipment that earns for years, or a second mortgage used to restructure, can justify a longer one. Our guide on short-term vs long-term business loans goes deeper.
Comparing two offers?
Use the compare loan offers tool to put two quotes side by side with all fees included. The cheapest headline rate isn't always the cheapest loan.
Keep running the numbers
Loan matcher
Answer five quick questions and see which loan type fits.
Property equity calculator
How much you could borrow against property for your business.
Cash flow gap calculator
Work out how much working capital you need to get through a gap.
IRD debt cost calculator
See how penalties and interest grow on unpaid tax over time.
Frequently asked questions
How are business loan repayments calculated?
Most business loans are amortising: each repayment covers that period's interest plus some of the principal, so the balance falls to zero by the end of the term. The calculator uses the standard amortisation formula with your amount, rate, term and how often you repay.
Why does the calculator ask me for the interest rate?
Every LoansOne loan is priced on the business's own circumstances, so there's no single rate we could honestly pre-fill. Enter the rate from an offer you have, or try a few different rates to see how sensitive the repayments are.
Is weekly better than monthly?
Weekly or fortnightly repayments match how many Kiwi businesses get paid and slightly reduce total interest, because the balance drops sooner. Monthly can suit businesses that invoice monthly. Pick the frequency that fits your cash flow.
Does this include fees?
Add any establishment fee in the fee box and the calculator shows it in the total cost. Check your loan offer for other fees, such as monthly account fees or early repayment costs, and use the compare loan offers tool to see the full picture.
Is the result a quote?
No. It's an estimate to help you plan. Your actual repayments come from your loan offer, which you see in full before you sign anything.
Let's get your business funded
Apply in about 30 seconds. An expert reviews every application and you could be funded as soon as the next day.