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Every number,
before you ask for one.

Set the amount, the term and the APR. The payment, the total and the month-by-month schedule update as you move. Add an origination fee if your offer has one; most don't.

Origination fee, if anyDeducted from the amount funded or added to the balance; either way it raises the APR. Enter 0 if your offer has none.
$
Monthly payment
$251.14/ month
$3,013.71Total repaid
$513.71Interest + fees
12Payments
PrincipalInterest and fees
Check your rate for this amount
Jump to the schedule ↓

Illustration only. Your offer shows the exact APR, payment and any fee your state allows, before you accept.

Month by month.

How each payment splits between interest and principal, and what you'd still owe. Early payments carry the most interest, which is why paying extra early saves the most.

MonthPaymentInterestPrincipalBalancePaid off

Three levers, in order of power.

On a $2,500 loan, what each change does to the total you repay.

−$245

Six months shorter

12 months → 6 months at 35.99% raises the payment from $251 to $461 but cuts total interest from $514 to $269. Shorter is cheaper, always; the question is whether the payment fits.

−$177

Twelve points of APR

35.99% → 23.99% over 12 months drops the total cost from $514 to $337. APR is set by your credit, income and state; improving it is a slow lever, but it's the biggest one.

−$95

$50 extra a month

Paying $301 instead of $251 clears a 12-month loan in 10 and saves about $95 in interest. No prepayment penalty, ever.

Calculator questions

How the math works. Rates & fees has every range we publish.

How is the monthly payment calculated?
Standard amortization: payment = P × r ÷ (1 − (1 + r)−n), where P is the amount, r the monthly rate (APR ÷ 12) and n the number of months. Every lender in our network uses the same formula, so the calculator's answer should match your offer to the cent once you enter the offer's APR and any origination fee.
Why is my offer's payment different from the calculator?
Three usual reasons: the offer's APR isn't the one you typed; an origination fee was added to the principal (enter it in the fee field); or the first payment date is more or less than a month out, which shifts the first month's interest slightly.
What does paying early do?
Interest is charged on the remaining balance, so every extra dollar reduces the next month's interest. There's no prepayment penalty with any lender in our network. The schedule below shows how much of each payment is interest; early on it's the most, so early extra payments save the most.
Is the APR the same as the interest rate?
APR includes any required fees spread across the term, so it's the honest comparison number. With no origination fee, APR and interest rate are the same. With a fee, APR is higher. Compare offers on APR, never on the rate alone.
What APR should I type in?
If you don't have an offer yet: 11.99% for good credit on a personal loan, 35.99% for fair credit on an installment loan, 89% for rebuilding credit where your state allows it. Then see your real rate; it's a soft check.

Keep reading.

Rates & feesAPR ranges by product and creditInstallment loans$500–$5,000, 3–24 paymentsPersonal loansLowest rates for fair-or-better creditLoans by amount$500, $1,000, $2,000, $5,000
$200–$5,000Soft check · $0 to apply
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