Debt service coverage ratio (DSCR): The DSCR is a metric that compares your business debt to income.The monthly payment is impacted by the interest rate on the loan as well as the loan amount and length of the term. It’s important to review this number to ensure that you can afford the amount and that you feel comfortable with a payment of this size. Monthly payment: The primary output of the SBA loan calculator is the monthly payment.How To Read Your SBA Loan Calculator Results For best results, use an average of the past two years, as most lenders use an average instead of a single year. Annual business income: Input the gross revenue that your business generates annually.The interest rate on your loan impacts your payment amount a higher interest rate yields a higher payment. Expected interest rate: The calculator will only accept interest rates up to the maximum SBA loan interest rate.The longer the repayment term is for your loan, the lower the monthly payments will be. Loan terms are generally up to 10 years for working capital and up to 25 years for real estate. Term (in years): This is the estimated repayment term of the loan for which you’re applying.SBA Express loans are available in amounts up to $350,000 and 7(a) loans in amounts up to $5 million. Loan amount: The first and most important input into the calculator is the loan amount for which you’re applying. ![]() When using our SBA loan calculator, there are four essential pieces of information you’ll need to enter: If you need to calculate payments for an SBA 504 loan, many community development corporations can provide those calculations for you. The SBA 504 loan consists of two separate loans, and our calculator isn’t set up to accurately calculate this loan product. Note: Please don’t use this calculator for calculating interest rates or payments on SBA 504 loans.
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