{"model":"sba-loan-cost","specVersion":"1.0.0","specUrl":"/api/v1/models/sba-loan-cost/spec","inputs":{"loanAmount":{"kind":"float","min":25000,"max":5000000},"annualRate":{"kind":"float","min":0.05,"max":0.16},"termMonths":{"kind":"int","min":12,"max":300},"financeUpfrontFee":{"kind":"choice","values":["yes","no"]}},"arrayInputs":{},"constraints":["FY2026 standard 7(a) fee schedule (loans approved 2025-10-01 through 2026-09-30); manufacturer and veteran fee waivers not applied; the 0.55% annual service fee is lender-paid by rule and deliberately excluded from borrower cost."],"sentinels":[],"facts":[{"id":"sba.7a.guaranty-pct.small","label":"SBA 7(a) guaranty percentage, loans of $150,000 or less","value":0.85,"period":"statutory (15 U.S.C. §636(a)(2)(A))","source":"15 U.S.C. §636(a)(2)(A) (Small Business Act §7(a)(2)(A))"},{"id":"sba.7a.guaranty-pct.large","label":"SBA 7(a) guaranty percentage, loans over $150,000","value":0.75,"period":"statutory (15 U.S.C. §636(a)(2)(A))","source":"15 U.S.C. §636(a)(2)(A) (Small Business Act §7(a)(2)(A))"},{"id":"sba.7a.upfront-fee.tier-150k-700k.fy2026","label":"SBA 7(a) upfront guaranty fee, gross loans $150,001–$700,000 (vintage marker for the FY2026 schedule)","value":0.03,"period":"FY2026 (loans approved 2025-10-01 through 2026-09-30)","source":"SBA Information Notice 5000-872051, 7(a) Fees Effective October 1, 2025 for Fiscal Year 2026"}],"disclaimer":"Illustrative planning model, not financial advice. Outputs follow the published model spec exactly; read the spec for assumptions and exclusions before relying on any number."}