Free tool · Banking & Finance
Business Loan Payment Calculator
Estimate monthly payments, total interest, and total cost of a small business loan or line of credit in Canada.
Estimate your loan payments
How this is estimated: standard amortisation with monthly compounding — payment = P × i ÷ (1 − (1 + i)−n), where i is the annual rate ÷ 12 and n is the number of months; at 0% interest the payment is simply principal ÷ months. Estimate only — lender fees, insurance, and payment frequency can change your actual cost; confirm details with your lender and on Canada.ca — business services.