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Personal Loan Calculator

Estimate a monthly payment, projected payoff timeline, and total interest for an unsecured personal loan. Add an origination fee to see the effective APR, the true yearly cost after fees. Optionally model extra principal payments to see how they shorten the loan and reduce total interest paid.

Loan amount ($)

Enter between $1,000 and $100,000.

APR (%)

Enter APR between 0% and 45%.

Term (years)

Typical personal loans run 1 to 7 years.

Origination fee (%)

Enter 0% to 15%.

Common range: 1-10%. Fee is deducted from disbursement, you receive less but owe the full amount.

Interest method

Extra principal per month ($, optional)

Enter $0 to $5,000.

Base monthly payment

Total payment (incl. extra)

Total interest paid

Months to payoff

Estimated payoff schedule

Month	Payment	Principal	Interest	Balance

Schedule assumes on-time payments, constant APR, no late fees, and no additional lender charges. Real statements may differ.

Results are estimates based on your inputs. Actual terms depend on credit profile, lender policies, and prepayment rules. Origination fee impact on effective APR is an approximation, confirm with your lender's official disclosure. This tool is for educational purposes only and is not financial, legal, or tax advice.