Loan Calculator

What is a loan calculator

As a startup founder, you know that cash is king. In order to keep your business growing, you need to have a steady stream of capital coming in. One way to do that is by taking out loans. 

There are many different types of loans available to businesses and individuals. each type of loan has its own advantages and disadvantages. Here are the most popular types of loans:

Amortized Loan

Amortized Loans are loans that are paid back in equal installments over the life of the loan. The main advantage of an amortized loan is that it is very predictable – businesses know exactly how much they need to pay each month, making budgeting easier. The main disadvantage is that amortized loans often have higher interest rates than other types of loans.

Non-Amortizing Loan

A non-amortizing loan is a type of loan for which the principal is not paid off over time. Instead, the entire principal is paid in one lump sum at the end of the loan period. This means that your debt does not decrease at all during the life of the loan. Some popular types of non-amortizing loans include interest-only loans and balloon payment loans.

Venture Lending

Venture lending is a type of loan that is made to startups and small businesses that are considered high-risk. As a result, these loans often have higher interest rates than other types of loans. However, they can be a good option for businesses that need capital but may not qualify for a traditional loan.

Basic Loan Terms


This is the amount of money you borrow and is typically the largest portion of your loan payment


This is the cost of borrowing money and is typically the second largest portion of your loan payment


This is the length of time you have to repay your loan. Loan terms can range from a few months to several years

Payment Schedule

This is the frequency with which you will make payments on your loan. Payment schedules can be monthly, bi-weekly, or weekly

Prepayment Penalty

Some loans come with a penalty for prepaying, which means paying off your loan before the end of the term