Calculate monthly payments, total interest, and amortization schedule for personal loans. Compare different loan terms and interest rates to find the best option.
| Month | Payment | Principal | Interest | Total Interest | Balance |
|---|---|---|---|---|---|
| Enter loan details to see amortization schedule | |||||
A higher credit score can save you thousands in interest over the life of your personal loan.
Compare rates from multiple lenders including banks, credit unions, and online lenders.
Shorter terms have lower interest rates and save more on total interest, though payments are higher.
Check for origination fees, prepayment penalties, and other hidden costs before signing.
Longer terms lower monthly payments but increase total interest paid significantly.
Many lenders offer pre-qualification with a soft credit check that doesn't affect your score.
This personal loan calculator provides estimates based on the information you provide. Actual loan terms, rates, and payments may vary based on your creditworthiness, income, debt-to-income ratio, and the lender's specific criteria. Always read the full loan agreement and consult with a financial advisor before taking out a personal loan.
See detailed breakdown of principal, interest, fees, and total repayment amount.
View year-by-year or month-by-month breakdown of how your payments are applied.
See charts showing interest vs principal and total cost breakdown.
Compare different loan terms and interest rates to find the best deal.
Include origination fees, late fees, prepayment penalties, and credit score analysis.
All calculations are done locally in your browser. Your financial data never leaves your computer.