If you’re looking to secure a loan, you need to know how you’ll repay it. Before borrowing funds for your business, it’s smart to calculate what your monthly loan payment would be and whether you have the cash flow to support new debt.

Business loans offer small businesses a way to access funding for growth more quickly than they could by saving, but irresponsible borrowing could lead to a business’s untimely demise. Here’s how to calculate your expected loan payments before accepting funding to be sure your business can meet its debt service obligations.

Loan factors you need to know

To accurately calculate what you would owe on an interest-only loan, you need to understand the following factors:

  • The principal amount of the loan, which is the total amount you borrowed
  • The term of the loan, or length of time over which the loan must be repaid with interest
  • The
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The CNET stimulus payment calculator can help you estimate how much money you could get from the IRS if a second check comes to be.


Sarah Tew/CNET

If you were to meet the requirements for a stimulus payment, would you qualify for the full amount, and how much money in all would your family get? The IRS paid up to $1,200 per person with the first stimulus check and could follow the same guidelines if a second direct payment is approved by Congress¬†— perhaps with a twist. How to work out the upper limit for a payment is easy, but other factors would inform your total.

Our stimulus check calculator, below, works out how much you might be able to receive, based on the rules from the¬†CARES Act, which governed the first stimulus check. The calculator doesn’t store your personal details or retain them in any

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