Business Loan Payment Calculator

business Loan rates can be fixed or variable

Your business could need a loan to take advantage of a potential growth opportunity like land or building space.

A business loan could also help you with advertising, equipment or other expenses, or just to rebound from a slow quarter.

Whatever the reason, it pays to seek out the best business loan terms and work with a bank you trust to handle your business’s needs.


As with most loan types, you’ll pay off the principal each month plus interest. As the amount you owe decreases, more of your payment will go towards the principal. Use a business loan calculator to estimate how getting a business loan will affect your monthly budget. You’ll need the loan amount, available interest rate and loan term to calculate your payment.

Frequently Asked Questions


What are current loan rates?

Loan rates can be fixed or variable. It’s suggested that you find a local banker to assist you with specific loan rates.

What is APR and how does it differ from the interest rate?

While the interest rate shows you the annual cost of borrowing the amount, the APR includes fees such as mortgage insurance, closing costs, discount points and loan origination fees. Both are expressed as percentages.

How long are business loans typically?

For SBA 7(a) loans, terms very from 10 to 25 years, and can be blended across several asset classes.

Contact a local banker to assist you with specific loan variables. SouthState offers multiple types of business lending options from loans to lines of credit to equipment financing.

  • © Fintactix, LLC 2022
  • This calculator is an illustrative tool meant for educational purposes only. The default figures and examples shown are hypothetical and may not be applicable to your individual situation. Furthermore, these calculations may not reflect the terms available for any loan, investment or other financial product offered by SouthState Bank, N.A. (the “Bank”). The calculations do not infer that the Bank assumes any fiduciary duties. The calculations provided should not be construed as financial, legal or tax advice. In addition, such information should not be relied upon as the only source of information. This information is supplied from sources we believe to be reliable but we cannot guarantee its accuracy. Hypothetical illustrations may provide historical or current performance information. Past performance does not guarantee nor indicate future results.
  • This content is general in nature and provided for informational use only. Content may be used in connection with the advertising and marketing of products and services offered by SouthState Bank, N.A. and its subsidiaries and affiliates. This is not to be considered legal, tax, accounting, financial or investment advice. You should seek individualized advice from personal financial, legal, tax and/or other professionals, as appropriate depending on the specific facts of your situation. We do not make any warranties as to the completeness or accuracy of this information and have no liability for your use of this information.

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