Business Acquisition Loan Calculator

Calculate your monthly payments and explore financing options for your auto repair shop purchase.

Loan Calculator

Purchase Price ($)

Down Payment ($)

Down Payment Percentage: 20%

Interest Rate (%)

Loan Term (Years)

Loan Type

SBA Loan (Lower rates, longer terms) Conventional Business Loan Equipment Financing

Monthly Payment $6,042

Loan Amount

$520,000

Total Interest

$205,040

Total Cost

$725,040

SBA 7(a) Loan

6.5% - 8.5% APR

$5,847/mo

10 years

Conventional Loan

8.0% - 12.0% APR

$6,315/mo

10 years

Equipment Financing

7.0% - 10.0% APR

$6,042/mo

10 years