What interest rate should I use?

Use the APR quoted on your loan offer — personal loans are usually unsecured and priced mainly on credit score, so rates vary widely between lenders.

Are origination fees included?

No — enter the amount you’ll actually receive (loan amount minus any origination fee) as the principal for the most accurate payment estimate.

Personal Loan Calculator

Loans & Debt

Estimate the monthly payment and total interest on a personal loan.

Display currency

Changing the display currency only changes the symbol shown — amounts aren't converted, since this tool doesn't use live exchange rates.

Loan amount

Annual interest rate (%)

Loan term (years)

Monthly payment

Total paid: $0

Total interest: $0

Amortization schedule

#	Payment	Principal	Interest	Balance

How this is calculated

Uses the standard fixed-rate amortization formula M = P·r(1+r)^n / ((1+r)^n − 1), where P is the loan amount, r is the monthly interest rate, and n is the number of monthly payments. Each payment is split into interest (balance × monthly rate) and principal (the rest), and the balance declines every month until it reaches zero at the final payment.

Frequently asked questions

What interest rate should I use?: Use the APR quoted on your loan offer — personal loans are usually unsecured and priced mainly on credit score, so rates vary widely between lenders.
Are origination fees included?: No — enter the amount you’ll actually receive (loan amount minus any origination fee) as the principal for the most accurate payment estimate.

Loan Calculator

Calculate the monthly payment and full amortization schedule for any fixed-rate loan.

Debt-to-Income Ratio Calculator

Calculate your debt-to-income (DTI) ratio and see how it compares to common lender thresholds.

Loan Interest Calculator

See exactly how much total interest you’ll pay over the life of a loan.