What is your financing really costing you?

Fixed fees, revenue share sweeps, monthly charges, advance rates: every lender structures its offer differently. That makes term sheets hard to compare and easy to misread. This free calculator cuts through it. Enter the cash you receive and repay, with dates, and it returns one number: the true annual cost of the money.

What it does

Calculator. Enter your drawdowns and repayments, and see your true annual cost (XIRR) alongside total cost, cost as a percentage of funds, average days outstanding and how quickly the loan pays back. A chart shows money in and out over time. If the facility isn’t fully repaid yet, it tells you, so you’re never working from a misleading number.

Compare Offers. Put up to three lender proposals side by side, modelled against the same cohort forecast, and see which is cheapest on a like-for-like basis and how fast each one gets repaid. Name the lenders and you have a clean summary ready to share with your board, investors or team.

Why it matters

The headline fee isn’t the price. Timing is. A smaller fee repaid quickly can cost more per year than a larger fee repaid slowly, and two deals with the same dollar cost can carry very different true costs. XIRR weighs every cash flow by its date, so it’s the fairest single way to put any lender, structure or term sheet on the same scale.

Who it’s for

CFOs, founders and finance teams at mobile gaming and app studios weighing up cohort financing, revenue-based financing, factoring, venture debt or credit facilities.

Your numbers stay yours

The button below saves a private copy to your own Google Drive. Nothing is shared with MFC or anyone else. Use your real numbers and play with scenarios freely.