Commercial Loan Calculator

Use this

commercial loan calculator

to estimate your debt service coverage on new commercial 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

Commercial Loan Calculator

- Definitions

Loan amount - Total amount of your

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 commercial loan.



FREE ONLINE COMMERCIAL LOAN CALCULATOR, BUSINESS CALCULATORS AND DECISION TOOLS



Use these Business calculators to evaluate your working capital needs, to calculate cash flow, and to calculate 10 key financial ratios for your business. CalculatorPlus povides a diverse list of free finance calculators to help you evaluate and make effective personal finance and business decisions, including credit card calculator, savings and deposit calculator and commercial loan calculator that can help you make smart investment and business decisions.


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