Financial Calculators
Personal Loan Calculator
Estimate payments on a personal loan.
FreeNo sign-upWorks in your browser
Enter details
$
%
Result
Monthly payment
$491.08
Total paid
$17,678.91
Total interest
$2,678.91
About the Personal Loan Calculator
Estimate what a personal loan will really cost before you sign. Enter the loan amount, APR, and term in months to see your fixed monthly payment, the total you'll repay, and the total interest. Comparing a shorter term or a lower rate takes seconds, so you can find a payment that fits your budget without overpaying on interest.
How to use the Personal Loan Calculator
- 1Enter your loan amount, APR, and term in months.
- 2Read the result instantly — it recalculates as you type.
- 3Adjust the numbers to model different scenarios.
Frequently asked questions
How is a personal loan payment calculated?
The loan is amortized: each equal monthly payment covers the month's interest plus some principal until the balance is zero.
Does a longer term cost more?
Yes — a longer term lowers the monthly payment but increases total interest. Compare terms here to see the trade-off.