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What would the loan payment look like?
Enter the loan amount, how long you would take to repay it, the interest rate, yearly sales, and yearly business costs. The free calculator shows the estimated payment and payment coverage before you decide whether to continue.
Free calculator
Need a starting point?
Try a fictional example, then replace it with your own numbers. These are not averages or benchmarks.
Your numbers look strong
After your listed business costs, the business has 3.68 times enough money left to cover the first-year loan payments.
Keep the payment, costs, and sales numbers current as you compare loan options.
Monthly payment
$3,959
Loan payments in year one
$47,509
Payment coverage (DSCR)
3.68x
What payment coverage (DSCR) means
What if
Try one change
Each button changes one number and leaves the other numbers alone.
Checkable math
Money left beside loan payments
We show the math so you can check it. Payment coverage is only a short name for these visible numbers.
1.25x is a common planning reference, not a lender requirement or approval threshold.
Your modeled money left after operating costs is larger than the first-year loan payments.
| Period | Opening | Payment | Interest | Principal | Closing |
|---|---|---|---|---|---|
| 1 | $250,000 | $3,959 | $1,771 | $2,188 | $247,812 |
| 2 | $247,812 | $3,959 | $1,755 | $2,204 | $245,608 |
| 3 | $245,608 | $3,959 | $1,740 | $2,219 | $243,389 |
| 4 | $243,389 | $3,959 | $1,724 | $2,235 | $241,153 |
| 5 | $241,153 | $3,959 | $1,708 | $2,251 | $238,902 |
| 6 | $238,902 | $3,959 | $1,692 | $2,267 | $236,636 |
| 7 | $236,636 | $3,959 | $1,676 | $2,283 | $234,353 |
| 8 | $234,353 | $3,959 | $1,660 | $2,299 | $232,053 |
| 9 | $232,053 | $3,959 | $1,644 | $2,315 | $229,738 |
| 10 | $229,738 | $3,959 | $1,627 | $2,332 | $227,406 |
| 11 | $227,406 | $3,959 | $1,611 | $2,348 | $225,058 |
| 12 | $225,058 | $3,959 | $1,594 | $2,365 | $222,693 |
Scroll horizontally to view all schedule columns.
Showing 12 of 84 payments. The full schedule retires $250,000 of principal, with a final payment of $3,959.
How to read this and check the math
Loan payments include principal, the amount borrowed, and interest, the cost of borrowing. Payment coverage compares those payments with money left after your listed business costs. It is for planning only and does not predict approval, funding, or business results.
No approval promise: This result is not a loan approval, commitment, recommendation, or guarantee.
No forecast: These examples are not forecasts and do not predict lender decisions or business results.
User assumptions: Results use the numbers you provide. They are not financial, accounting, tax, or legal advice.
You now know the modeled payment and coverage. The next step is to organize where the borrowed money goes and make sure every dollar adds up to what you asked for. That is the $499 package, and you can read a complete one free before you decide.
See the $499 packageYour calculator values can carry into the application without an account or required email. The use-of-funds and payment totals are checked before the report is delivered.