SBA 7(a) Payment Calculator
Estimate your monthly payment for an SBA 7(a) loan. Adjust the sliders to see how different terms affect your payment.
First 12 Months
| Month | Payment | Principal | Interest | Balance |
|---|---|---|---|---|
| 1 | $4,155 | $1,967 | $2,188 | $348,033 |
| 2 | $4,155 | $1,979 | $2,175 | $346,054 |
| 3 | $4,155 | $1,992 | $2,163 | $344,062 |
| 4 | $4,155 | $2,004 | $2,150 | $342,058 |
| 5 | $4,155 | $2,017 | $2,138 | $340,041 |
| 6 | $4,155 | $2,029 | $2,125 | $338,012 |
| 7 | $4,155 | $2,042 | $2,113 | $335,970 |
| 8 | $4,155 | $2,055 | $2,100 | $333,915 |
| 9 | $4,155 | $2,068 | $2,087 | $331,847 |
| 10 | $4,155 | $2,081 | $2,074 | $329,767 |
| 11 | $4,155 | $2,094 | $2,061 | $327,673 |
| 12 | $4,155 | $2,107 | $2,048 | $325,567 |
MyLenderPilot does not provide financial, legal, or tax advice. This calculator provides estimates only. Actual rates, terms, and fees will vary by lender.
How to use this SBA payment calculator
This calculator estimates monthly payments for SBA 7(a) loans — the most common SBA loan type. Adjust the loan amount (up to $5 million), interest rate, and repayment term to see how each variable affects your projected payment. The calculator also estimates the one-time SBA guarantee fee, which varies by loan size.
Understanding SBA 7(a) loan terms
SBA 7(a) interest rates are typically tied to the prime rate plus a lender spread. Terms vary based on how you plan to use the funds: up to 25 years for commercial real estate, 10 years for equipment or working capital. Longer terms lower your monthly payment but increase total interest paid.
What is the SBA guarantee fee?
The SBA charges a one-time guarantee fee based on the guaranteed portion of the loan (typically 75-85%). The fee ranges from 2% for loans under $150,000 to 3.75% for larger loans. This fee is usually rolled into the loan balance.