Calculator
SBA Loan Payment Calculator
Estimate monthly payments and total cost for an SBA 7(a) loan, including the one-time SBA guarantee fee.
SBA 7(a) loans up to $5 million
SBA 7(a) rates are prime + a spread (currently ~10–12%)
months (max 300 for SBA 7(a) — 25 years)
Estimated Payment Breakdown
Monthly Payment
$3,373.37
per month for 120 months
Total Interest
$154,805
Total Loan Cost
$404,805
SBA Guarantee Fee (one-time)
$5,000
Paid at closing. Total cost including fee: $409,805
Free, no obligation
How SBA 7(a) loan payments work
SBA 7(a) loans use standard amortization — each monthly payment covers that month's interest plus a portion of the principal. SBA rates are variable, tied to the prime rate plus a lender spread (typically 2.25–4.75%). This calculator uses your entered rate as a fixed rate for estimation purposes.
The SBA guarantee fee is a one-time fee charged at closing. For loans above $150,000, it's typically 2–3.5% of the guaranteed portion (75–85% of the loan amount), though fees are waived for some loan sizes and SBA programs.