Business Loan or Line of Credit

Loan Summary

Monthly Payment
Interest Paid
Other Costs

Line of Credit Summary

Monthly Payment
Interest Paid
Other Costs

Business lines of credit often have more flexible repayment terms than a standard business loan. Business loan payments are typically fixed over the repayment period, while business lines of credit can offer interest-only payment terms, or outstanding balances can be repaid using a variety of repayment strategies. Companies with uncertain or fluctuating revenue streams, such as startups or seasonal businesses may benefit more from the flexible repayment terms a business line of credit offers.

Get started

Flagstar Bank partnered with Fintactix, a financial education company, to make these calculators available. They are for informational purposes only. The results are hypothetical to illustrate general scenarios. The calculators cannot determine that a specific Flagstar product is available to you or that it is the right solution for your circumstances. All Flagstar Bank products require an application and an approval process. Please contact us directly so we can assist you. The calculators also do not provide investment, legal, tax, or accounting advice. Consult with a tax advisor, attorney, or other financial professional for guidance about your situation. Flagstar Bank and our affiliates are not responsible for any content provided by unaffiliated third parties.