Lendus.

Business loan calculator

How much will a business loan cost per month?

A £50,000 business loan over 5 years at 12% APR costs about £1,112 a month and £66,733 in total, £16,733 of interest. Change the amount, term and rate below to see your own figure. Shorter terms cost less overall but more each month.

Updated . Lendus is an introducer, not a lender, these figures are indicative and not a quote.

£50,000
60 months
12%

Unsecured business loans typically run 7%–36% APR. Secured lending is usually 4%–15%.

£0

Often 1%–3% of the loan, either deducted from the advance or added to the balance.

Your estimate

Indicative only. Not a quote and not an offer of finance.

What this calculator assumes

Frequently asked questions

How is a business loan repayment calculated?
Lenders use the standard amortising formula: M = P × r ÷ (1 − (1 + r)^−n), where P is the amount borrowed, r is the monthly interest rate (annual rate ÷ 12) and n is the number of monthly payments. Every instalment is the same size, but the split shifts over time: early payments are mostly interest, later ones mostly capital.
What interest rate will I actually be offered?
It depends on trading history, turnover, credit profile and whether you offer security. As a guide, secured business loans in the UK typically run 4%–15% APR, unsecured term loans 7%–36% APR, and short-term or merchant cash advance products are priced on a factor rate rather than an APR. A lender will only quote a firm rate after a full assessment.
Does a longer term make a loan cheaper?
No. A longer term lowers the monthly payment but increases total interest, because you are borrowing the money for longer. Extending a £50,000 loan at 12% from 3 years to 5 years cuts the monthly cost by roughly £550 but adds around £6,000 of interest. Pick the shortest term your cash flow can comfortably absorb.
Is an arrangement fee included in the APR?
A true APR should include compulsory fees, but quoted headline rates often do not. Always ask for the total amount repayable, not just the rate, that single figure is the only reliable way to compare two offers.

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