Personal Loan Calculator

Estimate monthly payments, total cost, and compare loan terms

Monthly Payment
$474
fixed for 36 months
Total Interest
$2,046
over 36 months
Total Cost
$17,346
principal + interest + fees
Effective APR
9.88%
incl. origination fee
Loan Details
$15,000
8.5%
%
36 mo (3.0 yr)
mo
2% ($300)
%
Monthly Breakdown
Principal (avg.)$417
Interest (avg.)$57
Monthly Payment$474
Loan Amount$15,000
Origination Fee$300
Total Interest$2,046
Total Cost of Loan$17,346
Compare Loan Terms
TermPaymentInterestTotal
24 mo$682$1,364$16,664
36 moCURRENT$474$2,046$17,346
60 mo$308$3,465$18,765
Balance Over Time
Remaining Balance
Principal Paid
Interest Paid
Amortization Schedule

Month-by-month payment breakdown

MonthPaymentPrincipalInterestBalance
1(Yr 1)$474$367$106$14,633
2(Yr 1)$474$370$104$14,263
3(Yr 1)$474$372$101$13,890
4(Yr 1)$474$375$98$13,515
5(Yr 1)$474$378$96$13,137
6(Yr 1)$474$380$93$12,757
7(Yr 1)$474$383$90$12,374
8(Yr 1)$474$386$88$11,988
9(Yr 1)$474$389$85$11,599
10(Yr 1)$474$391$82$11,208
11(Yr 1)$474$394$79$10,814
12(Yr 1)$474$397$77$10,417
13(Yr 2)$474$400$74$10,017
14(Yr 2)$474$403$71$9,615
15(Yr 2)$474$405$68$9,209
16(Yr 2)$474$408$65$8,801
17(Yr 2)$474$411$62$8,390
18(Yr 2)$474$414$59$7,976
19(Yr 2)$474$417$56$7,559
20(Yr 2)$474$420$54$7,139
21(Yr 2)$474$423$51$6,716
22(Yr 2)$474$426$48$6,290
23(Yr 2)$474$429$45$5,861
24(Yr 2)$474$432$42$5,429