Commercial Loan Amortization Calculator
The SFB website has a loan calculator that generates an amortization schedule based on varied loan information. This feature is located at https://www.sfbank.com/calculators.phtml.
The calculator allows you to plug in example information such as loan type, payment frequency, amount of loan, interest rate start date, and more. It uses a 365/360 interest payment schedule to determine monthly payments, total interest paid, and total payments.
Based on the information you provide, the calculator can generate a full report of the amortization schedule of payment terms. It is easy to test out different scenarios and get a good sense of what your monthly payment, interest, and balance at the end of each year will be.
After you get a good grasp on the commercial loan details, give a business banker a call to get started on a customized business loan to fit your unique needs. https://www.sfbank.com/business_loans.phtml
Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
