SBA loan calculator
Estimate your monthly payment on a 7(a), 504, or Express SBA loan including the SBA's guaranty fee.
- SBA guaranty fee (2.77%)$9,695.00
- Financed amount$359,695.00
- Total interest$247,162.74
- All-in cost$606,857.74
SBA guaranty fees are typically financed into the loan and paid over the life of the loan, not at closing. The figures above add the fee to the principal so the "monthly payment" you see is the real payment.
Pre-qualify with SBA Preferred Lenders to shorten the underwriting timeline.
- SBA loans cost more than the rate suggests
The SBA's guaranty fee adds 0.25% to 3.75% on top of the rate. We bake it into the all-in cost so you see the real number.
- 7(a) vs 504 are different programs
7(a) is flexible (working capital, acquisition, equipment, real estate). 504 is fixed-asset only with longer terms. Switch the program below.
- Funding takes 30-90 days
SBA loans don't fund as fast as online term loans. Plan accordingly — and pre-qualify with multiple Preferred Lenders to shorten the timeline.