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Term Loan Payment Estimator

Estimate monthly payments, total interest, and total cost for a fixed-rate business term loan.

months (custom)

Estimated Payment Breakdown

Monthly Payment

$3,157

per month for 36 months

Total Interest

$13,643

Total Cost

$113,643

This estimate assumes fixed-rate, fully amortizing monthly payments. Actual rates and fees vary by lender and your business profile.
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How term loan payments are calculated

Term loan payments use standard amortization. Each monthly payment covers the interest accrued that month plus a portion of the principal, so your balance decreases steadily until the loan is fully paid off at the end of the term.

The formula: M = P × [r(1+r)^n] / [(1+r)^n − 1] where P is principal, r is the monthly rate, and n is the number of months.

BreadRoute

Simplifying financing & insurance for small businesses.

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How BreadRoute Makes Money

BreadRoute is free for business owners. We're compensated by the financing and insurance partners we work with, either when we refer you to them or when you obtain financing or coverage through them. This compensation may influence which partners appear on our site and in what order. It does not affect the terms, rates, or pricing you're offered.

What BreadRoute Is and Isn't

BreadRoute is not a lender, funder, or insurance company. We don't make credit decisions, set rates or terms, issue policies, or fund transactions. We connect business owners with third-party partners who do. Any offer you receive comes from that partner, on their terms, subject to their underwriting and approval. Submitting an application through BreadRoute is not an application for credit and does not guarantee that you'll receive an offer, approval, or any particular rate or amount.

Your Information

When you submit an application, we share the information you provide with financing partners as described in our Privacy Policy and on our Partners page. Those partners may contact you directly. You can see the current list of partners at any time on our Partners page.

Rates, Terms, and Disclosures

Rates, terms, fees, and product availability are set by the partner, not by BreadRoute, and are subject to change. Any figures shown on this site are illustrative and are not offers. Before entering into any financing agreement, review the disclosures and documents the partner provides, including any disclosures required by your state.

Insurance

Insurance products are offered through licensed third-party partners. BreadRoute does not sell insurance, bind coverage, or provide insurance advice. Coverage, eligibility, and pricing are determined by the insurer.

Not Professional Advice

Content on this site, including blog posts and guides, is for general informational purposes only and is not legal, tax, accounting, financial, or insurance advice. Consult a qualified professional about your specific situation.

BreadRoute is operated by Outride Partners LLC.