SBA 7(a) Loan Calculator
Estimate your monthly payment, total interest, and total cost for SBA 7(a) loans up to $5M. Use purpose-based terms and rate guidance (Prime + margin) for cleaner planning.
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SBA 7(a) Payment Calculator (2025)
Choose your loan purpose to auto-set a typical maximum term, enter your loan amount and interest rate, and instantly see a payment estimate with an amortization schedule.
Loan Details
Maximum: $5,000,000
Typical range: 9.5% - 10.5%
Auto-set based on loan purpose (Real Estate: 25 years, Others: 10-15 years)
Quick Select Amount:
SBA 7(a) Loan Key Features
Loan Details
- • Loan amounts up to $5 million
- • Terms up to 25 years for real estate
- • Terms up to 10 years for equipment/working capital
- • SBA guarantees 75-85% of the loan
Typical Rate Structure
- • Loans ≤ $50K: Prime + 3.5% to 4.25%
- • Loans $50K-$250K: Prime + 2% to 2.75%
- • Loans $250K-$5M: Prime + 3% max
- • Rate varies by lender and qualifications
Disclaimer: This calculator provides estimates only and is not a loan offer. SBA eligibility, maximum terms, and rates depend on lender policy and SBA rules.
Common SBA 7(a) Loan Payment Examples
These examples help you sanity-check affordability. Actual payments vary based on rate, term, and fees.
| Loan Amount | Rate (Est.) | Term | Monthly Payment* |
|---|---|---|---|
| $100,000 | 10.5% | 10 years | $1,321 |
| $250,000 | 10.0% | 15 years | $2,685 |
| $500,000 | 9.5% | 20 years | $4,620 |
| $1,000,000 | 10.0% | 25 years | $9,087 |
*Illustrative estimates. Confirm with a lender quote; APR may be higher due to fees.
How SBA 7(a) Rates Work (Prime + Margin)
SBA 7(a) loans are commonly variable-rate. Lenders typically price them as the Prime Rate plus a margin, subject to SBA maximums. Your margin depends on the loan amount, maturity, collateral, and borrower profile.
- Prime Rate moves over time (your payment can change).
- Margin is lender-specific and based on risk.
- APR may include fees and can be higher than the note rate.
Want a quick snapshot of current SBA rate context? See current SBA loan rates.
Typical SBA 7(a) Terms by Purpose
The maximum term is usually tied to what you’re financing. Many lenders follow these common guidelines:
| Purpose | Typical Max Term |
|---|---|
| Working capital | Up to 10 years |
| Equipment | Up to 10 years |
| Business acquisition | Often 10 years (varies) |
| Commercial real estate | Up to 25 years |
Terms vary by lender, collateral, and SBA rules; confirm in underwriting.
How It Works
Our streamlined process connects you with the right SBA lender quickly and efficiently.
Calculate & Explore
Use our free calculators to estimate payments and explore your options
Get Matched
Skip the bank runaround - get connected with a lender who actually wants your business
Compare Offers
Review personalized loan offers and choose the best terms for your business
Trusted by Thousands of Business Owners
"Saved me 3 weeks of bank visits. Realized I qualified for $200K more than I thought possible!"
Sarah M.
Restaurant Owner
Loan Amount: $450,000
"The calculator showed me exactly what I could afford. No surprises, no runaround - just real numbers."
Mike C.
Manufacturing
Loan Amount: $750,000
"Found out I was eligible for SBA Express in 60 seconds. Had funding approval in 2 weeks instead of 3 months."
Jennifer R.
Medical Practice
Loan Amount: $320,000
SBA 7(a) Eligibility & How to Apply
The 7(a) program is flexible, but lenders still underwrite like a bank loan. Use these checkpoints to understand what impacts approval.
Common qualification factors
- Cash flow to support the payment (DSCR)
- Credit history and time in business
- Collateral (especially for larger loans)
- Owner experience in the industry
- Down payment / equity injection for acquisitions
Prefer a quick screening? Try our SBA eligibility checker.
How the application usually works
- Estimate payment + affordability using this calculator
- Gather financials (tax returns, P&L, balance sheet, bank statements)
- Submit to an SBA lender for underwriting
- Receive term sheet, complete SBA forms, finalize collateral/appraisal as needed
- Close and fund
Step-by-step guide: SBA loan application process.
Want a lender quote to confirm your rate?
Use your calculator estimate as a baseline, then validate it with a real term sheet.
SBA 7(a) Calculator FAQs
How are SBA 7(a) interest rates set?
Most SBA 7(a) loans are variable-rate and priced as Prime Rate + lender margin, subject to SBA maximums. Your final rate depends on loan size, term, collateral, and borrower strength.
What terms can SBA 7(a) loans have?
Typical maximums are up to 10 years for working capital and equipment, and up to 25 years for commercial real estate. Some uses may have different limits depending on lender policy and SBA rules.
Does the SBA set my payment or approve my loan?
Your lender underwrites the loan and sets the rate/terms within SBA guidelines. The SBA guarantees a portion of the loan to reduce lender risk, but you still must qualify based on cash flow and credit.
Are SBA 7(a) calculators exact?
They are high-quality estimates. Actual payments may differ due to lender fees, guaranty fee treatment, payment timing, and final approved rate. Use the calculator for planning and then confirm with a lender quote.