Home › Finance › Personal Loan Pro Calculator

Personal Loan Pro Calculator

Monthly payments, total interest and the full repayment schedule for any personal loan.

Enter details

Enter the loan amount, APR and term. Purpose is optional and only labels the quote.
Tap Calculate payment.
Read your monthly payment, total interest, the year-by-year chart and the full repayment schedule - print or save as PDF if needed.

Consolidating 15,000 of card debt at 11.5% APR for 48 months:

MONTHLY PAYMENT391.34 USD

If the cards charged ~24% APR on minimum payments, the same debt could cost over 11,000 in interest and take 10+ years.

An unsecured installment loan: you get a lump sum and repay it in fixed monthly payments over 1-7 years, usually at a fixed rate.

For large planned expenses, a fixed-rate personal loan is usually cheaper than card revolving rates and has a defined end date.

Usually yes, and it saves interest - check your agreement for prepayment charges first.

APR bundles the interest rate with mandatory fees, so it is the better number when comparing offers.