https://fundingfastlane.com/calculators/Recent content in Funding calculators on Funding FastlaneHugoen-UShttps://fundingfastlane.com/calculators/mca-cost/Mon, 01 Jan 0001 00:00:00 +0000https://fundingfastlane.com/calculators/mca-cost/<p>Enter the advance amount, the factor rate on your quote, and how long the funder estimates payback will take. The calculator shows the true cost.</p> <div class="calc" id="calc-mca"> <div class="row"> <div><label>Advance amount</label><input name="amount" type="number" inputmode="decimal" value="50000" min="1000" step="1000"></div> <div><label>Factor rate</label><input name="factor" type="number" inputmode="decimal" value="1.30" min="1.01" max="2" step="0.01"></div> <div><label>Estimated payback period (months)</label><input name="months" type="number" inputmode="decimal" value="8" min="1" max="36" step="1"></div> <div><label>Payment frequency</label><select name="freq"><option value="daily">Daily (business days)</option><option value="weekly">Weekly</option></select></div> </div> <div class="out"> <div><b data-out="payback">–</b><span>Total payback</span></div> <div><b data-out="cost">–</b><span>Cost of capital</span></div> <div><b data-out="payment">–</b><span>Payment</span></div> <div><b data-out="apr">–</b><span>Effective APR</span></div> <div><b data-out="simple">–</b><span>Annualized simple cost</span></div> </div> <p class="small" style="margin:var(--space-4) 0 0">Effective APR accounts for the fact that you repay early and often, so the funder has your money for less time than the headline term suggests. That is why a 1.30 factor over 8 months is not "30%". Estimates only; your contract governs.</p>https://fundingfastlane.com/calculators/loan-payment/Mon, 01 Jan 0001 00:00:00 +0000https://fundingfastlane.com/calculators/loan-payment/<p>Enter the amount, APR, term and origination fee from your quote.</p> <div class="calc" id="calc-loan"> <div class="row"> <div><label>Loan amount</label><input name="amount" type="number" inputmode="decimal" value="100000" min="1000" step="1000"></div> <div><label>APR (%)</label><input name="apr" type="number" inputmode="decimal" value="11.5" min="0" max="99" step="0.1"></div> <div><label>Term (months)</label><input name="months" type="number" inputmode="decimal" value="36" min="1" max="360" step="1"></div> <div><label>Origination fee (%)</label><input name="fee" type="number" inputmode="decimal" value="3" min="0" max="15" step="0.5"></div> </div> <div class="out"> <div><b data-out="payment">–</b><span>Monthly payment</span></div> <div><b data-out="interest">–</b><span>Total interest</span></div> <div><b data-out="fee">–</b><span>Origination fee</span></div> <div><b data-out="total">–</b><span>Total cost incl. fee</span></div> </div> </div><script src="https://fundingfastlane.com/js/calc.js" defer></script> <h2 id="reading-the-results">Reading the results</h2> <ul> <li><strong>Monthly payment</strong> is the standard amortized payment. Some online lenders bill weekly; divide by 4.33 for a rough weekly figure.</li> <li><strong>Total interest</strong> is what the loan costs over the full term if you make every payment on schedule.</li> <li><strong>Origination fee</strong> is usually deducted from proceeds, so a $100,000 loan with a 3% fee lands $97,000 in your account while you repay $100,000.</li> <li><strong>Total cost including fee</strong> is the number to compare against an advance&rsquo;s cost of capital on the <a href="https://fundingfastlane.com/calculators/mca-cost/">advance calculator</a>.</li> </ul> <h2 id="rules-of-thumb">Rules of thumb</h2> <ul> <li>Lenders want payments to fit inside about 80% of your free monthly cash flow (a debt service coverage ratio of 1.25). If the monthly payment is more than that, expect a smaller approval or a longer term.</li> <li>A longer term lowers the payment but raises total interest. For equipment, match the term to the asset&rsquo;s useful life.</li> <li>Fixed rates protect thin margins. Ask whether the rate is fixed for the full term.</li> </ul>