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Business Loan Calculator

Monthly payment and total interest, plus the DSCR lenders actually underwrite against.

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Last reviewed 2026-09-01

About the Business Loan Calculator

Calculates a business term loan's monthly payment and total interest via standard amortization, plus its Debt-Service Coverage Ratio (DSCR) — the metric commercial lenders actually underwrite against.

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How to use it
  1. Enter the loan amount, APR, and term in months.
  2. Enter your business's annual net operating income (NOI).
  3. Read the monthly payment, total interest, and DSCR, flagged against a typical 1.25x lender minimum.
Formula
Monthly payment = P × r × (1+r)^n ÷ [(1+r)^n − 1]. Annual debt service = monthly payment × 12. DSCR = annual NOI ÷ annual debt service.
Worked example

A $150,000 loan at 9.5% APR over 60 months: about $3,151/month. Against $62,000 annual NOI: a DSCR of about 1.64x.

DSCR bands — how commercial lenders typically read them
DSCR bands — how commercial lenders typically read them
DSCRInterpretation
Below 1.0Negative cash flow — NOI doesn't cover debt service
1.0 - 1.25Positive but thin cushion — below most lenders' minimum
1.25 - 1.5Commonly cited minimum most lenders require
1.5+Comfortable cushion above debt obligations
Interpreting your result

1.25x is a commonly cited minimum DSCR, though the real requirement varies by lender and loan type. This calculator covers only this one loan's debt service, not a business's total debt obligations.

Recommendations
  • DSCR below 1.25x is a common red flag for commercial lenders.
  • This tool's DSCR only reflects this one loan.
  • SBA-backed loans and conventional bank term loans commonly reference a similar DSCR range.
Frequently asked questions
It tells a lender whether operating income comfortably covers loan payments.
See the full methodology and sources for every finance calculator
Disclaimer

Illustrative estimate only, not financial or tax advice. Verify figures with a licensed adviser or your local tax authority.