Personal Loan Calculator
Unsecured loan payment and interest.
Enter your values
Enter the loan amount in $.
Enter the interest rate in %.
Enter the term in years.
Enter the origination fee in %.
Results update instantly as you type — no submit needed. Your values are remembered on this device, and the shareable link reopens the calculator with exactly these numbers.
- Monthly payment
- $394.27
- Cash you receive
- $14,550.00
- Total interest
- $3,925.03
- Total cost with fee
- $4,375.03
- Total repaid
- $18,925.03
Quick answer
Personal loans are fixed-rate instalment loans, usually 2–7 years, priced on your credit score.
At a glance
| What it does | Unsecured loan payment and interest. |
|---|---|
| Category | Finance |
| Inputs needed | Loan amount, Interest rate, Term, Origination fee |
| Main output | Monthly payment |
| Cost | Free — no sign-up, no download |
How to use the Personal Loan Calculator
- 1Enter the amount you want to borrow.
- 2Enter the quoted rate and term.
- 3Add the origination fee if the lender charges one.
Inputs explained
- Loan amount($)
- Enter the loan amount in $.
- Interest rate(%)
- Enter the interest rate in %.
- Term(years)
- Enter the term in years.
- Origination fee(%)
- Enter the origination fee in %.
Worked example
Using the values the calculator loads with:
Inputs
- Loan amount15000 $
- Interest rate11.9 %
- Term4 years
- Origination fee3 %
Results
- Monthly payment$394.27
- Cash you receive$14,550.00
- Total interest$3,925.03
- Total cost with fee$4,375.03
- Total repaid$18,925.03
Frequently asked questions
Do personal loans have prepayment penalties?
Most reputable lenders do not — check before signing.
Is a personal loan better than a credit card?
Usually yes for large balances: fixed rate, fixed end date, lower APR.
What do I need to enter into the Personal Loan Calculator?
Just 4 values: loan amount, interest rate, term, origination fee. Every field starts with a realistic example, so you can change one number at a time and watch the result update instantly.
How does the Personal Loan Calculator work out the answer?
Personal loans are fixed-rate instalment loans, usually 2–7 years, priced on your credit score. The working is shown step by step so you can verify the result by hand.
Is the Personal Loan Calculator free, and do I need an account?
It is completely free with no sign-up, no download and no usage limit. Everything is calculated in your browser, so the numbers you type never leave your device.
Results are estimates for general information. For medical, legal, structural or financial decisions, confirm with a qualified professional.