Business loan payment
What is the monthly payment on a $100,000 business loan?
A $100,000 business loan at a 9% APR over 5 years has a monthly payment of about $2,076. Over the full term you'd repay roughly $124,550, including about $24,550 in interest. At this size, $100,000 is a six-figure loan that usually requires stronger revenue and credit, and is often structured as an SBA-backed loan or a bank line of credit. Your real payment depends on the rate and term — the table below shows the full range.
$100,000 business loan: monthly payment by rate & term
Estimated principal & interest only, fixed rate. Choose the row for your APR and the column for your term.
| APR \ Term | 1 yr | 2 yr | 3 yr | 5 yr | 7 yr |
|---|---|---|---|---|---|
| 6% | $8,607 | $4,432 | $3,042 | $1,933 | $1,461 |
| 7% | $8,653 | $4,477 | $3,088 | $1,980 | $1,509 |
| 8% | $8,699 | $4,523 | $3,134 | $2,028 | $1,559 |
| 9% | $8,745 | $4,568 | $3,180 | $2,076 | $1,609 |
| 10% | $8,792 | $4,614 | $3,227 | $2,125 | $1,660 |
| 11% | $8,838 | $4,661 | $3,274 | $2,174 | $1,712 |
| 12% | $8,885 | $4,707 | $3,321 | $2,224 | $1,765 |
How the payment is calculated
A fixed business loan uses standard amortization: each month, interest is charged on the remaining balance and the rest of your payment reduces the principal. The monthly payment is principal × monthly rate ÷ (1 − (1 + monthly rate)−months). For $100,000 at 9% over 5 years that works out to about $2,076.
Want to model your own rate, term, or extra fees? Use the interactive business loan calculator — it shows the live payment, total interest, and a year-by-year balance chart.
What changes the real cost
- Term length: a longer term lowers the monthly payment but raises total interest.
- Rate: small APR differences compound over years — compare offers on total cost, not just the payment.
- Fees: origination and closing costs aren't in these estimates; ask for the APR, which includes them.
- Cash flow: check the payment against your operating cash after payroll, rent, and taxes.
Frequently asked questions
How much is a $100,000 business loan per month?
At a 9% APR over 5 years, a $100,000 business loan costs about $2,076 per month. The exact payment depends on your rate and term — see the table above for the full range.
How much interest will I pay on a $100,000 business loan?
At 9% over 5 years you'd repay about $124,550 in total, of which roughly $24,550 is interest. A shorter term means a higher monthly payment but far less total interest.
Does this include fees?
No. These are principal-and-interest estimates only. Origination fees, closing costs, and prepayment rules can change the real cost, so confirm the full terms with your lender.
Last reviewed June 20, 2026. Figures based on SBA and Federal Reserve business-lending data. Estimates for general education, not financial advice.