Business Line of Credit Calculator
Calculate the costs and compare the repayments of your Business Line of Credit
Your line of credit repayment and amortisation schedule will appear here once you have updated the calculator
Use our business line of credit loan calculator to calculate your loan repayments. With traditional small business loans you will pay interest on the overall amount borrowed. With a business line of credit you only need to pay interest on the amount drawn. This unsecured line of credit calculator will help you calculate how much your monthly repayments will be on the drawn amount.
Start by entering the amount you wish to draw, followed by the interest rate and the term in months. If you are not sure of the interest rate or term, use the calculator defaults.
Compare a line of credit to a traditional business loan – use this calculator.
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