SBA 7(a) caps at $5M; 504 SBA portion at $5.5M
Variable 7(a) = Prime + 2.25% typical (~8.5% in 2026)
25yr for real estate, 10yr for equipment/working capital
Monthly Payment
$4,029
Principal & Interest
Total interest$708,704
Total paid$1,208,704
Loan amount$500,000
How to use this calculator
Enter your loan amount, interest rate, and term in years. The calculator computes monthly principal & interest using the standard amortization formula. Results update as you type.
SBA Rate Benchmarks (2026)
- SBA 7(a) variable: Prime + 2.25% to 2.75% (currently ~8.5-9.0%)
- SBA 504 CDC portion: ~5.5% to 6.5% (fixed)
- SBA 504 conventional first: Bank-set, typically 6.5-7.5%
- SBA Express: Prime + 4.5% to 6.5% (cap)
Term Benchmarks
- Real estate (owner-occupied): 25 years (both 7(a) and 504)
- Equipment: 7-10 years
- Working capital: 7-10 years
- Business acquisition: 10 years
Heads up: This calc shows principal & interest only. Add SBA guarantee fees (1.7-3.75% one-time, financed into loan), packaging fees, and required closing costs to model true total cost.
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