Personal Loan Calculator
Estimate the monthly payment and total interest on a $2,500–$50,000 personal loan. Move the sliders to see how APR and term change the math.
Estimate your monthly payment
Move the sliders to see how loan amount, APR, and term affect your monthly payment and total interest.
Our lending network offers $2,500 to $50,000.
For example only. Figures are illustrative and do not represent an offer of credit. Actual APR, terms, fees, and monthly payments come from our lending partners after a soft-pull rate check, and depend on your credit profile, income, loan amount, term, and state of residence.
How the personal loan calculator works
A personal loan is a fixed-rate installment loan. Your monthly payment is calculated with the standard amortization formula: it stays the same every month, but each payment splits between interest (calculated on the current balance) and principal. Early payments are mostly interest; later payments are mostly principal.
Two levers change your payment the most: the APR (rate) and the term (length). A longer term lowers the monthly payment but raises total interest. A shorter term does the opposite. The calculator's estimate is based on the inputs you provide — your real APR and offer come from our lending partners after a soft-pull rate check.