THE AMOUNT. THE PAYMENTS. THE TOTAL COST.
Put your financing
in perspective.
Explore a term loan, a single line-of-credit draw, or a merchant cash advance. Adjust the assumptions to see how the numbers change.
Model a line of credit.
Example assumptions — not Alpha rates or an offer.
Models one draw repaid in equal monthly payments at a fixed rate, with no further draws. Revolving, interest-only, or variable-rate facilities work differently.
YOUR ILLUSTRATIVE ESTIMATE
Estimated monthly payment
$2,292.00Over 12 months under these assumptions
- Net funds after fee
- $25,000.00
- Total scheduled payments
- $27,504.00
- Interest cost
- $2,504.00
- Fee withheld upfront
- $0.00
- Total financing cost
- $2,504.00
Estimates only. Actual rates, fees, payment schedules, and availability require a separate review.
How this estimate works
Monthly payment = P × r ÷ [1 − (1 + r)⁻ⁿ], where P is the amount borrowed or drawn, r is the annual interest rate divided by 12, and n is the number of months. At a 0% rate, payment is P ÷ n. Figures are rounded to cents; the actual final payment may differ.
Total financing cost is total payments or purchased receivables minus net funds received. The estimate excludes charges not entered here, such as late, maintenance, or prepayment fees. Calculator ranges do not indicate Alpha’s financing limits.