Business Line of Credit Calculator
Estimate your monthly interest payments, total borrowing costs, and fees for a business line of credit.
Credit Line Details
$
Total approved credit limit
$
How much you plan to borrow
%
Annual interest rate on borrowed amount
How long you'll use the funds
Your Results
Monthly Interest
$500.00
Interest-only payment each month
Total Interest
$6,000.00
Over 12 months
Effective APR
12.00%
Including all fees
| Draw Amount | $50,000.00 |
| Interest Rate (APR) | 12.00% |
| Draw Period | 12 months |
| Monthly Interest | $500.00 |
| Total Interest | $6,000.00 |
| Total Cost | $6,000.00 |
This calculator provides estimates for informational purposes only. Actual rates, terms, and fees may vary based on your specific situation and lender requirements. Contact us for personalized quotes.