Tool

Business Loan Prepayment Calculator

Estimate whether a one-time prepayment or extra monthly payment saves money after interest savings, payoff time, and prepayment penalties.

Check penalties before paying early

Extra payments can reduce interest and shorten payoff time, but prepayment penalties can change the result. Compare this estimate with the business loan amortization calculator, business loan refinance calculator, and business loan comparison calculator.

This calculator is an estimate for planning and comparison only. Confirm whether your lender applies penalties, minimum interest, payoff fees, lockout periods, or different day-count rules before sending extra principal.