SBA 7(a) Loan Calculator
Where Every Dollar
of Your SBA Loan Goes
Fees, secondary market sales, and the payment breakdown no one shows you. Traced from application to final payment.
The Gross-Up
You need cash. Here's what it actually takes to get it.
Finance these fees into the loan?
Toggle a fee on to roll it into your loan balance. You'll pay less at closing but more over time.
You asked for $1,000,000 but you'll actually sign for $1,027,010. The $27,010 gap is $27,010 in SBA guaranty fee.
Closing Day
You've signed the papers. Here's where the money landed.
You now owe $1,027,010 at 11.0% over 10 years. Your first payment of $14,147 is due in 30 days.
Your loan gets soldand you don't notice
This happens with almost every SBA loan. It's designed this way.
Nothing changes for you — same payment, same servicer, same statement.
| Par (guaranteed portion) | $770,257 |
| Sale proceeds | $841,121 |
| Gross premium | $70,864 |
| Less broker fee | −$5,777 |
| Net gain on sale | $65,087 |
Dollar-weighted average secondary market premiums Official data
| Fiscal Year | Avg. Price (% of par) |
|---|---|
| FY2021 | Official data113.7% |
| FY2022 | Official data111.0% |
| FY2023 | Official data107.8% |
| FY2024 | Official data109.4% |
| FY2025 | Official data109.2% |
Your lender just made $65,087 on your loan — today, before you've made a single payment.
Where every dollar of your payment goes
Out of your $14,147 monthly payment in month 1, here's where each dollar goes.
Principal paid down | $4,733 |
Bond investors | $5,973 |
Lender servicing fee | $642 |
SBA | $353 |
Fiscal transfer agent | $93 |
Lender (unguaranteed) | $2,354 |
| Total paid | $14,147 |
Paying it off (or paying it off early)
I need $1,000,000 for a business acquisition. To get it I'll borrow $1,027,010 over 10 years at 11.0%. I'll pay $48,000 out of pocket at closing. My payment will be $14,147/month. Over the life of the loan I'll pay $1,697,647 total — $671K of that is interest, which splits as $425K to bond investors, $25K to SBA, $7K to the FTA, $46K to the lender as a servicing fee, and $168K to the lender on the portion they kept.
Toggle fees to roll them into the loan (you pay less at closing, more over time).
No prepayment penalty (term < 15 years).
Toggle fees to roll them into the loan (you pay less at closing, more over time).
No prepayment penalty (term < 15 years).
Toggle fees to roll them into the loan (you pay less at closing, more over time).
No prepayment penalty (term < 15 years).
Toggle fees to roll them into the loan (you pay less at closing, more over time).
No prepayment penalty (term < 15 years).