ATLAS / PLANNING TOOLS
Business loan comparison.
Compare monthly business loan cash flows, including money received, fee treatment, regular charges and a final balloon. Review the full schedule as well as the repayment.
How this model works.
Both scenarios use the same base advance before fees. A deducted fee reduces cash received; a financed fee increases opening debt; a separately paid fee uses other cash upfront. The fee is counted once.
Fixed nominal annual rates are divided by 12. Equal monthly instalments are paid in arrears; the monthly fee is paid with each instalment and the balloon is additional to the last instalment.
These are monthly estimates. Weekly, fortnightly, daily, irregular-date and changing-rate quotes are not modelled; do not divide a monthly payment by four to compare them.
Totals use full-precision calculations. Display rounds to cents, so adding displayed rows can differ slightly from the total. Contract rounding and actual settlement dates can change the lender schedule.
Only entered fees are included. Excludes unentered exit charges, early payouts, taxes and other contract costs. Nominal rate excludes fees; this is not a statutory comparison-rate calculation.
ILLUSTRATIVE STARTING ASSUMPTIONS
Start with a scenario, then change it.
The tool opens with these example inputs. They are planning assumptions and do not represent a lender offer.
- Base advance before fees for both loans ($): 50,000
- Loan A: nominal annual rate (%): 10
- Loan A: term (months): 36
- Loan A: upfront fee ($): 500
- Loan A: upfront fee treatment: Paid separately upfront
- Loan A: monthly fee ($): 0
- Loan A: additional final balloon / residual ($): 0
- Loan B: nominal annual rate (%): 9
- Loan B: term (months): 48
- Loan B: upfront fee ($): 1,000
- Loan B: upfront fee treatment: Paid separately upfront
- Loan B: monthly fee ($): 0
- Loan B: additional final balloon / residual ($): 0
Questions about this tool
Which terms change your cash flow?
Compare funds actually received, upfront cash, regular outflows and the final payment before comparing total cost. Unequal proceeds are not equivalent funding. A lower monthly payment may reflect a longer term or a balloon; it does not establish a cheaper or more suitable loan.
Does this tool determine approval or borrowing capacity?
No. It models the values you enter. It does not assess credit history, lender eligibility or approval.
Can I change the example assumptions?
Yes. Enter figures from your own scenario or a specific written proposal, and check the model assumptions before relying on the result.
Model methodology describes Atlas’s illustrative calculation, not any provider’s underwriting rules. Check the actual proposal and obtain advice appropriate to your circumstances.