Personal loan calculator
$
%
The rate you were quoted. The 18% here is an example.
months
$
Some lenders keep an origination fee. Enter 0 if there is none.
Estimated monthly payment
$180.76
$5,000 over 3 years at 18.00%
- Total interest
- $1,507
- Total of payments
- $6,507
- You receive
- $5,000
- Interest plus fee
- $1,507
| Term | Payment | Total interest |
|---|---|---|
| 2 years | $249.62 | $991 |
| 3 years | $180.76 | $1,507 |
| 4 years | $146.87 | $2,050 |
| 5 years | $126.97 | $2,618 |
The loan figures are exact for a fixed rate with equal monthly payments. The rate is your own figure, and a lender sets the real one from your application. Late fees and prepayment charges are left out, and the fee is treated as taken from the money you receive, not added to the debt. Your lender will quote the real figure. An estimate, not financial advice.