Business Line of Credit Calculator
Estimate your monthly interest payments, total borrowing costs, and fees for a business line of credit.
Credit Line Details
Total approved credit limit
How much you plan to borrow
Annual interest rate on borrowed amount
How long you'll use the funds
Your Results
Monthly Interest
$500.00
Interest-only payment each month
Total Interest
$6,000.00
Over 12 months
Effective APR
12.00%
Including all fees
| Draw Amount | $50,000.00 |
| Interest Rate (APR) | 12.00% |
| Draw Period | 12 months |
| Monthly Interest | $500.00 |
| Total Interest | $6,000.00 |
| Total Cost | $6,000.00 |
These calculators provide estimates for informational purposes only. Actual rates, terms, and fees will vary based on your specific situation and lender requirements.
These estimates do NOT constitute financial advice. These calculations do NOT take into account current market conditions, lender-specific criteria, or your complete financial situation.
These estimates should NOT be used as the sole basis for any financing decision. Liminal Lending Co. is NOT responsible for any outcomes resulting from these estimates or any decisions made based on them.