Term Loan Payment Analyzer (Mortgage Style)

 

Thinking of purchasing equipment or real estate, or expanding your facilities, but not sure if you have enough cash flow to cover monthly payments? Use our term loan calculator to help you determine what you can afford.

The calculator assumes the level monthly payments of principal and interest.

To calculate the payment on a loan, enter the principal, an assumed fixed interest rate and loan term, or variable interest rate, or, where available, simply slide the bars to increase or decrease the amount.

Disclosure
   

For more information call 1.866.4ML-BUSINESS (465-2874).

Merrill Lynch, Pierce, Fenner & Smith Incorporated is a registered broker-dealer, not a bank, and the WCMA account is not a bank account. Banking services are provided by licensed banks or by third parties through arrangements with licensed banks. Unless otherwise indicated, investment products are not FDIC-insured, not guaranteed by a bank and may lose value.

The Merrill Lynch Private Sales Referral Network is a service through which Merrill Lynch clients are referred to independent third-party investment banking firms.

Working Capital Management Account and WCMA are registered trademarks of Merrill Lynch & Co., Inc.

The WCMA® account is a product of Merrill Lynch, Pierce, Fenner & Smith Incorporated.

* Additional fees for these services may apply.