Commercial Loan Calculator

Use this business loan & commercial loan calculator to estimate your debt service coverage on new commercial/business loans and mortgages. If your debt service coverage is greater than 1.25, including your new loan payment, you have a good chance of being approved. Anyone considering obtaining a commercial loan, either for a small business, for acquiring commercial real estate, or for major capital expenditure, would benefit from knowing their debt service coverage and their likelihood of being approved.

This Financial Calculator requires SUN's Java™ Plug-in. If you see this message you will need to download SUN's Java™ Plug-in. This can be done automatically by clicking the yellow bar at the top of your browser and choosing “Install ActiveX Control”.
    You can also get SUN's Java™ Plug-in here: Get the Java™ Plug-in!

    For more information about this Plug-in please visit: SUN's Java™ Plug-in
    For more information these financial calculators please visit: Financial Calculators from KJE Computer Solutions, LLC

Business Loan / Commercial Loan Calculator

- Definitions

Loan amount - Total amount of your business loan/commercial loan.

Amortization - Payment period in years.
Interest rate - Annual interest rate for this commercial loan. Interest is calculated monthly on the current outstanding balance of your loan at 1/12 of the annual rate.
New monthly payment - Monthly payment for this commercial loan.
Annual Verifiable net income - Your annual net income from IRS tax returns or other financial statements.
Annual depreciation expense - Since depreciation reduces your net income, but not your cash flow, we add back depreciation in calculating your total net cash income.
Other non-cash charges - Like depreciation, these are other non-cash charges to your net income that should be added back to calculate your total net cash income for the year.
Real estate mortgage - Your monthly payment for any real estate mortgages.
Business line of credit - Your monthly payment for any business lines of credit.
Auto loans - Your monthly payment for any auto loans.
Credit cards - Your monthly payment for any credit cards.
Other loans - Your monthly payment for any other outstanding loans.
Monthly debt payments eliminated - Enter the amount, if any, of the monthly obligations you entered above that will be paid off by this new commercial loan.
Debt Service Coverage (DSC) - The Debt Service Coverage (DSC) is determined by dividing the total annual net cash income by the total annual debt service. If you have a DSC of 1.25 or higher, there is a good chance that you will be approved for your business /commercial loan.



FREE ONLINE BUSINESS CALCULATORS AND DECISION TOOLS



Borrowing: Calculatorplus.com provides comprehensive source of free finance and loan calculators including this Mortgage Loan Calculator to help you make the right decision getting a new loan. Whether you're interested in mortgage refinancing or looking to see how much tax you can deduct, this free Mortgage Calculator with Taxes & Insurance is here to help you.

Business: If you are considering obtaining a business loan, then knowing your debt service coverage is critical. If your Debt Service Coverage is greater than 1.25, including your new loan payment, you have a good chance of being approved.

Investing: Certificates of deposit are one of the safest forms of saving money for the long term. Use this CD Calculator to visually show you the long-term return on investment you can expect based upon current bank CD rates. In addition, retirees and users planning for retirement can take advantage of our 401k Calculator.

Financing: Use this Credit Card Calculator to optimize your credit card debt in order to generate the greatest savings. If your are considering purchasing a new vehicle, this Auto Finance Calculator can help you work out your monthly car payments.

Business MarketPlace
Download Free
Mortgage Widget