Article summary
Want to know when your merchant cash advance will be paid off — and what an early payoff might cost? Here's the simple math, a worked example, and what to ask your funder.
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When will my merchant cash advance (MCA) be paid off? And if I want out early, how much would it take? You can estimate both with a few numbers from your contract and your bank account.
Want it done for you? Plug your numbers into the MCA calculator.
Want to understand the math? Keep reading.
--- What you need Grab these four numbers: Advance amount — what the funder gave you (from the contract) Factor rate — like 1.30, 1.40, 1.49 Payment amount — your daily or weekly debit Paid so far — add up cleared debits from your bank --- Calculation 1: Total payback Total payback = advance × factor rate Example: $30,000 × 1.38 = $41,400 --- Calculation 2: What's left Remaining ≈ total payback − paid so far Example: You've paid $16,400.
$41,400 − $16,400 = $25,000 left --- Calculation 3: Payments left Payments left ≈ remaining ÷ payment amount Example: Daily payment is $460.
$25,000 ÷ $460 ≈ 55 business days --- Calculation 4: Estimated payoff date Count forward that many business days from today.
Skip weekends and bank holidays (funders usually can't debit on those).
55 business days ≈ 11 weeks If today is November 2, your estimated last payment is around mid-January Weekly payments? Payments left = weeks left.