Personal Loan Calculator
Calculate the monthly payment, interest and net amount received on a personal loan.
Results update as you type.
About this calculator
A personal loan calculator turns a loan amount, APR and term into a fixed monthly payment and total interest, and accounts for an origination fee that many lenders deduct up front. The fee reduces the cash you actually receive while you still repay the full loan amount, so your true cost is higher than the headline rate.
Frequently asked questions
How does an origination fee affect the cost?
Lenders often deduct a 1–8% origination fee from the disbursed amount, so a 15,000 loan with a 5% fee puts 14,250 in your pocket — but you still repay 15,000 plus interest, raising your effective rate.
What credit score do I need for a good rate?
Personal loan APRs swing widely with credit: strong scores can see single-digit rates, while lower scores may face 20%+. This tool uses whatever APR you enter, so get a quote before relying on the figure.
Results are estimates for general guidance only, not financial, medical or tax advice.