Monday, 24 August 2026
ZAR/USDR16.01+0.00%
ZAR/EURR18.72+0.00%
ZAR/GBPR21.85+0.00%
Free Business Tool

Equity vs Debt: Cost of Capital Calculator

Compare the total interest cost of a business loan against the 5-year cost of selling equity, to see which route to capital actually costs less.

Equity vs. Debt:
Cost of Capital Calculator

Should you borrow or sell shares? Compare the total interest cost of a business loan (based on your rate and term) versus the 5-year cost of selling equity (Lost Profits) to make the smartest financial decision.

Financial Projections

Input your funding needs and forecast.

R 500,000
R 200,000

Projected average net profit per year.

20%
1% 49% (Max Control)
18%

Default 18% is an illustrative estimate — actual rates vary by lender and risk profile.

5 years
1 year 5 years

Cost Comparison

Debt: total interest over your loan term. Equity: profit share over 5 years. Illustrative estimates only.

Cost of Debt

R0.00

Total Interest (Illustrative)

Cost of Equity

R0.00

Profit Share Given Away

Adjust inputs to see recommendation.

All figures are illustrative estimates only — not a quote, offer, or financial advice.

Beyond the Numbers

The "Real" Cost of Your Decision

Control & Autonomy

Debt: You retain 100% control. The bank doesn't vote.
Equity: Investors get voting rights and a say in major decisions.

Risk Profile

Debt: Must be repaid regardless of revenue. High monthly cash flow pressure.
Equity: No monthly repayment. Risk is shared if the business fails.

Strategic Value

Debt: Just money. Transactional relationship.
Equity: "Smart Money." Investors often bring networks, mentorship, and experience.