Loan Calculator
Personal Loan Calculator
Calculate monthly payments and total interest for a personal loan. Compare how loan amount, rate, and term affect your cost.
Personal loans: typically 8–36%
Many lenders charge 1–8%
Results
Fill in the fields and click Calculate.
For educational purposes only. Actual rates depend on credit score and lender. Compare multiple lenders and read all terms before borrowing.
When does a personal loan make sense vs. a credit card? +
Personal loans typically offer lower rates than credit cards (8–20% vs. 20–30% APR) and fixed monthly payments, making them better for large expenses or consolidating high-interest card debt. Use a personal loan when you have a defined amount to borrow and want predictable payments. Credit cards make more sense for everyday spending with rewards, or when you can pay the balance monthly.