Personal Loan Calculator — Monthly Payment & Total Cost
Calculate your exact monthly payment and total interest for any personal loan. Compare different rates and terms to see how much rate shopping could save you.
Over the life of this loan, you pay $2,676 in interest.
That's the cost of borrowing on top of what you actually got.
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Coach Insight
Personal loan rates vary dramatically — from 7.49% for excellent credit to 36% for fair credit. The same $10,000 loan costs $1,400 more over 3 years at 18% vs 8%. Rate shopping matters enormously.
Frequently Asked Questions
Everything you need to know.
Related Calculators
Why This Matters
Personal loan rates vary dramatically — from 7.49% for excellent credit to 36% for fair credit. The same $10,000 loan costs $1,400 more over 3 years at 18% vs 8%. Rate shopping matters enormously.
How to Use It
- 1Enter the loan amount
- 2Enter the APR offered by the lender
- 3Set the loan term (months)
- 4Compare your payment across different rates to see the value of shopping
Find the best account for this goal
Money Map matches your numbers to the strongest available accounts in 90 seconds.
Ready to take the next step?
Compare rates, run Money Map, or explore the full SwitchWize toolkit.