Free calculator
Personal Loan Calculator
Personal loans are usually unsecured with a fixed rate and a 2-7 year term. Punch in the amount, APR, and term to see the monthly payment and the full cost of borrowing.
How it works. Personal loans amortize on a fixed schedule: each payment covers interest on the remaining balance plus a slice of principal. Shorter terms drop total interest but raise the monthly payment.
Monthly payment
$337
Total interest
$5,248
Total paid
$20,248
Interest as % of loan
35.0%
This calculator provides general loan projections only and is not individualized financial advice or a loan offer. Confirm actual APR, fees, and terms with your lender before borrowing.