TryFinCalc

Personal Loan Calculator

Find out your monthly payments and the total cost of your personal loan over time.

Personal Loan Calculator

Find out your monthly payments and the total cost of your personal loan over time.

Estimates update as you edit. Calculation assumptions

Estimated Monthly Payment

$293.49

Total Interest

$2,609.53

Total Paid

$17,609.53

What to do next

Learn how to compare loan offers

Learn how to compare APR, fees and repayment terms.

Go

Explore Scenarios

Try different amounts and terms to optimize your budget.

Go

Reduce Costs

Tips to lower your APR and total interest paid.

Go

Worked loan decisions

Compare payment, term, and total scheduled cost using editable note-rate assumptions.

$20,000 loan: term and note-rate cost$30,000 loan: three years versus five$50,000 loan: payment and total cost

Compare loan costs on equal terms

This tool amortizes a fixed principal at a nominal annual interest rate. It does not calculate fee-inclusive APR. Enter the interest rate from the offer, then compare origination fees, optional insurance and other charges separately.

A smaller monthly payment can come from extending the term rather than lowering the cost. Compare total interest as well as the installment, and check whether fees are paid upfront, deducted from proceeds or added to the borrowed amount.

For a fee financed into the loan, include that amount in principal to model the payments. That does not turn the displayed rate into APR; APR requires the actual timing and amount of cash received and paid.

Illustrative principal-and-interest estimates. No fees, taxes or insurance.
PrincipalRate / yearsMonthlyTotal interest
$10,000.008% / 3$313.36$1,281.09
$5,000.009.9% / 2$230.49$531.85

Assumptions 2026-09-20.1. Formulas, rounding, tests and primary sources. These estimates do not provide financial advice or predict approval.