Business Valuation Calculator

Are you considering taking out a loan or paying yours off sooner? Repaying loans takes time, and our loan repayment calculator can show you how additional payments, larger monthly payments, and other factors can help you pay back loans quicker and reduce your interest expense.

This tool shows the amount of time it takes to repay a loan. If you make additional principal payments, you shorten the repayment period. You also reduce interest expense. Generally, you make prepayments if you have surplus cash or if your current cost of capital is lower. Since interest expense is tax-deductible, the after-tax interest rate should be considered when making a prepayment decision.

Next Steps

Are you interested in applying for a loan? Whether it’s a mortgage, equity loan, or personal line of credit, Fifth Third can help. Learn more about Fifth Third loans, call us at 1-877-534-2264 or visit a Fifth Third Branch

Additional Resources

Ensure Business Success in an Acquisition

Mergers and acquisitions (M&A) can be a great, effective option, but a staggering 70% of mergers fail to increase shareholder value. So how can you prepare for a successful merger?

Why You Need a Succession Plan for Your Business

Planning for what is ahead is an integral part of business. And while you cannot predict the future, putting together a business succession plan helps you prepare for it. A succession plan lets you and your employees rest assured knowing your business will be in good hands after you are gone.

The Advisors You Need for a Business Transition

Thinking of selling your business? Connecting with the following types of advisors will help smooth your business acquisition or selling process.