Find out if you qualify for a business loan by entering the amount you want to borrow and other key inputs such as interest rate and amortization into the Citizens business loan calculator.




Financial Calculators from
Dinkytown.net

Financial Calculators ©1998-2015 KJE Computer Solutions, LLC
Commercial Loan Calculator
New commercial loan:
Press spacebar to hide inputs
Monthly payment $1,266.76
 [-]
$0k
$200k
$500k
$1m
0%
8%
16%
25%
0
10
20
30
Your annual income:
Press spacebar to show inputs
Total $0
 [+]
$0k
$200k
$500k
$1m
$0k
$200k
$500k
$1m
$0k
$200k
$500k
$1m
Your monthly obligations:
Press spacebar to show inputs
Total $0
 [+]
$0k
$200k
$500k
$1m
$0k
$200k
$500k
$1m
$0k
$200k
$500k
$1m
$0k
$200k
$500k
$1m
$0k
$200k
$500k
$1m
$0k
$200k
$500k
$1m
Please view the report to see detailed results in tabular form.
You probably do not qualify.
Unfortunately your debt service coverage of 0 is not more than 1.25. You would probably not be able to qualify for for the loan, considering the information you have given.

press spacebar to hide graph		 [-]

Definitions

New loan amountTotal amount of your loan.
Amortization in yearsPayment period in years.
Interest rateAnnual interest rate for this loan. Interest is calculated monthly on the current outstanding balance of your loan at 1/12 of the annual rate.
New monthly paymentMonthly payment for this loan.
Annual verifiable net incomeYour annual net income from IRS tax returns or other financial statements.
Annual depreciation expenseSince depreciation reduces your net income, but not your cash flow, we add back depreciation in calculating your total net cash income.
Other non-cash chargesLike 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 mortgageYour monthly payment for any real estate mortgages.
Business line of creditYour monthly payment for any business lines of credit.
Auto loansYour monthly payment for any auto loans.
Credit cardsYour monthly payment for any credit cards.
Other loansYour monthly payment for any other outstanding loans.
Monthly debt payments eliminatedEnter the amount, if any, of the monthly obligations you entered above that will be paid off by this new loan.
Debt service coverage (DSC)The debt service coverage 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 loan.

Business Lending Options

Find out which business lending option is right for you.

Explore Your Options

5 things to consider before expanding your business

Consider these five points to help you pave a successful path.

Find Out More

7 things you need to know about SBA Loans

Answers to the most common SBA-related questions from business owners.

Get the Answers

Choose the right business financing option

Learn about which financing type will best suit your business' needs.

Learn More

© Citizens Financial Group, Inc. All rights reserved. Citizens is a brand name of Citizens Bank, N.A. Member FDIC

This calculator is intended for informational purposes only and is not intended to provide today's actual rates. Your actual results may vary. Results provided by this calculator are intended for Illustrative purposes only and the accuracy is not guaranteed. This calculator does not assure the availability of or your eligibility for any specific product offered by Citizens or its affiliates, nor does the calculator predict or guarantee the actual rate.

You are viewing a third-party created calculator. Citizens assumes no responsibility for, nor does it control, endorse or guarantee any aspect of your use of this calculator.

  • Equal Housing Lender Logo