Dental Practice Loan Payment Calculator

If your calculated payment fits comfortably within your monthly revenue (typically no more than 40% of gross income), you're in the ballpark for qualification. Your actual rate will depend on your credit profile, down payment amount, and the lender's collateral assessment.

What changes your rate and payment

• Credit score: Dentists with scores of 750+ often qualify for rates near 6.5–7.5% on acquisition loans; scores below 680 may see 9–10%.
• Down payment: A 25% down payment typically unlocks better rates than 10%. Putting more down also means financing less, which lowers your monthly obligation.
• Loan term: A 10-year (120-month) term spreads payments lower than a 7-year term, but you pay more interest overall. Acquisition loans for dental practices often run 7–10 years depending on collateral.
• Loan type: SBA 7(a) loans (7–10% APR) usually offer better rates than conventional bank loans, especially if your practice is under 2 years old or you have fair credit (620–679 FICO).
• Collateral and personal guarantee: Loans backed by practice equipment or real estate may qualify for lower rates than unsecured working capital lines.

How to use this calculator

• Principal: Enter the amount you plan to finance, not the total purchase price. For a $500K practice acquisition with 20% down, enter $400K.
• APR: Start with 8.5% if you're unsure; adjust down if your credit is 750+, up if it's below 680.
• Term in months: Use 84 months (7 years) as a baseline for acquisition loans; equipment financing often runs 60–120 months. Longer terms lower monthly payments but increase total interest.
• Read the output: The monthly payment shown is principal and interest only—add estimated insurance, real estate taxes (if applicable), and reserve for maintenance when budgeting.
• Adjust and compare: If the payment is too high, increase the term or down payment and recalculate.

Bottom line

This calculator gives you a realistic estimate of what you'll owe each month under different loan scenarios. Use it to test whether a $200K equipment purchase or a $400K practice acquisition fits your cash flow before you apply. Actual approval and rate depend on your credit, tax returns, and the lender's appetite for dental practice lending at the time of your application.