Calculate monthly payments, total interest, and amortization for SBA loans, term loans, and business lines of credit. Plan your business financing confidently.
Loan Parameters
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📊 Revenue Check (Debt Service Coverage)
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Monthly Payment
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DSCR
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Monthly Payment
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Total Interest
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Total Cost
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DSCR Status
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Loan Amount
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Origination Fee
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Net Proceeds
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Monthly Payment
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Annual Debt Service
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Total Interest Paid
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True APR (with fee)
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DSCR (NOI / Debt Service)
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FAQ
What is DSCR?
Debt Service Coverage Ratio = Net Operating Income / Annual Debt Service. DSCR ≥ 1.25 means the business generates 25% more cash than needed to cover loan payments. Most lenders require ≥1.25; SBA often uses ≥1.15.
What are SBA 7(a) loan terms?
SBA 7(a) loans: up to $5 million; terms up to 10 years for working capital, 25 years for real estate; rates are Prime + 2.25-4.75% (capped by SBA). Best for working capital, equipment, and real estate.
What is the SBA guarantee fee?
SBA charges a guarantee fee of 0.25-3.75% of the guaranteed portion, depending on loan size and term. For 2024, fees are waived on loans up to $1M under some SBA programs.
Term loan vs line of credit — which is better?
Term loans: lump sum, fixed payments, best for capital expenditures. Line of credit: revolving, draw/repay as needed, best for managing cash flow and working capital needs.